Countrywide Financial, which sold it loans to Fannie Mae, gave:
Fannie Vice Chairman Jamie Gorelick (of 9/11 fame) at 10 year loan at 5% for $960,149.
Frank Raines (Fannie Mae CEO) 10 year, 5.125%, $982,253.
Senator Dodd 5 year, 4.25%, $506,000.
Fannie CEO James Johnson, 5 year, 3.875%, $971,650.
also
Fannie COO Daniel Mudd, 7 year, 4.250%, $2,965,000.
"The borrowers all say they weren't aware of getting special treatment."
Friday, September 26, 2008
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2 comments:
What did they borrow the money for and have they paid it back??? or a part of it back?? Dodd though one of the better senators, which is not hard to do since we the people elect mostly corrupt business men, is known to be licking the boots of the banking industry, yet he's one of the best senators we got, what a sorry state our senate is in!!! at least he defends our civil rights well.
The fact they may have gotten a lower interest rate than market means they saved thousands of dollars on interest payments.
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