Always a bad sign for a Congresscritter when he has to deny he’s under investigation:
Sen. Kent Conrad, D-N.D., said he’s not a target in a Justice Department [investigation] of Countrywide Financial.
NBC News recently reported that the FBI is investigating Countrywide’s VIP program – which gave special mortgage deals to government officials.
Conrad was among those officials who received a mortgage.
The senator told WDAY Radio News that neither he nor his office have been contracted by federal investigators.
The Senate Ethics Committee is investigating Conrad’s relationship with Countrywide, and Conrad has denied he ever received preferential treatment.
The other Democrat on the chopping block here is Senator Chris Dodd (D-Bailout Package) – but there are others, and one of the first tests of the Obama Justice Department will be on whether or not they are prepared to see a fairly large number of Democrats brought down by this scandal. My bet is that its a test Obama will fail miserably, given the Democrats’ penchant for simply not caring about corruption unless they can tag a Republican with it at election time.
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