https://hotair.com/headlines/archives/2013/01/01/the-mega-scandal-everyone-has-forgotten/feed/HotAir is the leading conservative blog for breaking news and commentary covering the Biden administration, politics, media, culture, and current elections.en-usTue, 09 Jun 2026 06:13:06 -0400<![CDATA[But even while it is maddeningly silent on who was involved in the Countrywide scandal, the House Ethics Committee report does uncover exactly how corrupt the program was. “Countrywide partnered with Fannie Mae in a strategic business alliance that also included joint lobbying efforts,” it concludes. “Countrywide lobbyists and CEO Angelo Mozilo used discounted loans as a tool to ingratiate itself with policymakers in an effort to benefit the company’s business interests,” Issa said in a release about the report. As Politico notes, the report discloses that at least four Capitol Hill staffers in critical positions for Countrywide, including aides on the House Financial Services and Senate Banking panels, obtained VIP loans from the firm. These loans started as early as 1998.]]>Tue, 01 Jan 2013 16:20:05 -0500<![CDATA[Allahpundit]]>https://hotair.com/headlines/2013/01/01/the-mega-scandal-everyone-has-forgotten-n98769