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Legal Commentary: Discriminations
If ?Preferential Treatment? Is Bad...
Dodd acknowledged that Countrywide placed him in a ?VIP section,? but he denied he knew he was getting a special deal and said he was not friends with Countrywide CEO Angelo Mozilo.Would someone please ask Sen. Dodd why he believes preferential treatment based on Senatorial status is more objectionable than preferential treatment based on race, which he actually supports.
Dodd said that he and his wife refinanced their homes like millions of Americans did at the time and got a ?market rate,? and would have walked away from the deal had he believed he was getting preferential treatment from Countrywide, a leading subprime lender at the center of the mortgage meltdown.
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