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No Need for Investigations on Sweetheart Deals

Democrat resists subpoenaing VIP mortgage records
Jul 30 03:04 PM US/Eastern
By LARRY MARGASAK
Associated Press Writer

WASHINGTON (AP) - House Democrats have declined to subpoena available records that might reveal whether other members of Congress got discounted VIP mortgages from subprime lender Countrywide Financial Corp. similar to the sweetheart deals given Democratic Sens. Chris Dodd and Kent Conrad.

Republicans say they are willing to risk that the records now held by Bank of America may show that GOP lawmakers were also "friends of Angelo" who got preferential terms on personal mortgages at the behest of then-Countrywide CEO Angelo Mozilo.

http://www.breitbart.com/article.php?id=D99OUTF03&show_article=1


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