December 31, 2008
CHRIS DODD UPDATE: The Hartford Advocate writes:
Sen. Chris Dodd never stood a chance at the Democratic nomination, much less the presidency. But that didn’t stop the chairman of the Senate Banking Committee from fleeing Washington during the prelude to the biggest banking collapse of our lifetime and moving his family to Iowa for the caucuses. Once Dodd did finally come to earth (and back to D.C.), we learned he’d received special low-interest mortgage deals from Countrywide Financial, a company that made huge profits off predatory subprime loans and which his committee was supposed to regulate. Dodd first said he’d make public the details of the loan, then backpedaled and stonewalled reporters seeking answers. Dodd’s up for re-election in 2010 and his approval rating’s sunk below 50 percent. After a year like this, he might find winning another term a rocky ride.
He still won’t release those documents.