Last Updated:2022/12/23
Sentence
After
months
of
delay,
Senator
Christopher
Dodd
has
offered
a
fuller
but
less
than
satisfactory
account
of
the
V.I.P.
mortgage
loans
extended
to
him
by
a
key
player
in
the
subprime
mortgage
crisis.
Mr.
Dodd,
the
banking
committee
chairman
who
oversees
remedies
for
the
continuing
financial
crisis,
denied
any
ethical
wrongdoing
or
“sweetheart
deals”
in
the
$781,000
house
refinancings
he
got
through
the
Countrywide
Financial
Corporation.
Quizzes for review
After months of delay, Senator Christopher Dodd has offered a fuller but less than satisfactory account of the V.I.P. mortgage loans extended to him by a key player in the subprime mortgage crisis. Mr. Dodd, the banking committee chairman who oversees remedies for the continuing financial crisis, denied any ethical wrongdoing or “sweetheart deals” in the $781,000 house refinancings he got through the Countrywide Financial Corporation.
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