Wednesday, June 25, 2008

Countrywide Story ‘Has Everything,’ but Networks Ignore It

"This story has everything," Menefee said. "It has a former presidential candidate, Chris Dodd. It has two senators who are getting, like you said, sweetheart loans. It has Kent Conrad, another senator, who called the CEO of the lender to get his loan, which is not what we normally do, and then said, ‘Oh, I didn't get any preferential treatment and I didn't do anything wrong, but I'm going to give a charitable donation to remedy the fact that I didn't do anything wrong.'"
Menefee said it was "very sad" that the networks failed to report the scandal - not just because they refused to go after two Democrats, but because they missed an opportunity to expose the bailout plan Dodd has been defending.

READ MORE

No comments: