From today’s editorial on the Dem senator’s cushy Countrywide deal and lamo explanation:
The senator had an obligation to make sure his deal with Countrywide was in no way a perk of public office. The time to do that was when a loan officer informed him and his wife they were in the company’s VIP program.
But Sen. Dodd didn’t ask. He says he assumed it was because they’d had two mortgages with Countrywide since 1999 and were good customers. Nor did they ask what the designation meant.
Sen. Dodd’s loans are the subject of a complaint to the Senate’s Ethics Committee. We’ve come to expect little from that body, frankly. We’d rather Sen. Dodd got off his high horse, came clean and admit he screwed up.