Senate Dems have figured out they can’t get away with not seating Illinois Gov. Rod Blagojevich's appointee to fill President-elect Barack Obama's Senate seat.
Yesterday the WSJ explained why - -
With the opening of the 111th Congress yesterday, all of
The Connecticut Senator got favored treatment from the subprime mortgage purveyor, even as he was a power broker on the Banking Committee that regulates the industry.
When the news broke, the Senator first denied that he sought or expected preferential treatment.
He later admitted that he knew he was considered a VIP at the firm but claimed he thought it was "more of a courtesy." He also promised the
The rest of the press corps may have moved on, but we'd still like to know.
All the more so because former Countrywide Financial loan officer Robert Feinberg told us last fall that Mr. Dodd knowingly saved thousands of dollars on his refinancing of two properties in 2003 as part of a special program for the influential.
Mr. Feinberg also reported that he has internal company documents that prove Mr. Dodd knew he was getting preferential treatment as a friend of Angelo Mozilo, Countrywide's then-CEO, and Mr. Feinberg has offered to provide those documents to investigators.
[Mr. Dodd] will now play a lead role in drafting legislation affecting the very business that gave him preferential treatment, yet he still refuses to release the mortgage documents that would illuminate this treatment. (emphasis added) …
We suspect there's at least one habit of the 110th Congress that won't change in the 111th: The Members think they can get away with anything -- and usually do.
The entire WSJ editorial’s here.
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My comments:
Most of the press corps has moved on because they hate to cover a story like this when the Senator’s a member of their own party.
If Dodd was a GOPer they’d be swarming like flies after honey.
But Dodd’s a Dem so he’s going to “fix the mess in