The Corner

Countrywide Destroyed Tapes with Public Officials Discussing Mortgages

I missed this item from the WSJ yesterday:

The discovery that Countrywide Financial Corp. recorded phone conversations with borrowers in a controversial mortgage program that included public officials — and that those recordings have been destroyed — has prompted new congressional calls for more information about the program.

Rep. Darrell Issa of California, the ranking Republican on the House Oversight and Government Reform Committee, is trying to subpoena the remaining records of Countrywide’s VIP loan program. So far, the committee’s chairman, New York Democratic Rep. Edolphus Towns, has turned down that request.


Senator Dodd has been recovering in the polls a bit, so any new attention on the Countrywide scandal is probably unwelcome news for him. And by the way, it’s been 464 days since Dodd promised to release his mortgage documents with Countrywide.

Also, while the focus has understandably been on Dodd, why does Sen. Kent Conrad continue to escape scrutiny regarding his sweetheart mortgage deal?

(h/t Instapundit)

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