Where Are the Ethics Hearings into Countrywide’s VIP Loans?

Fox-thanks for this article. Unless CNN would do an about face, I doubt they would have the courage to relate any Democrat for wrongdoing; they are too busy with Obama-gasms at the moment....

Getting Congress to investigate itself properly because of ethics violations and malfeasance would be like getting Clinton to swear to tell the truth.. It's just not possible.. There should be some sort of mechanism that is independent of Congressional control that we could use to investigate and prosecute these thieves, when necessary ... Aren't they supposed to be our representatives and civil servants ?? What a CROCK !!!

I do mean that last post in all respect ! Subject on VIP CW ? I'd say subject on CW exploitations - UP (VIP) and DOWN (non qualifying US citizen that WAS granted something out of their league). I think CW made a STRONG effort to entice people into that which was beyond their means. Sheesh, forget the money side of that, could you imagine if that happened regarding - instead of a house ? your entire infra-structure from which you derive meaning ? fed ? to you by NewsCorp's 3000 + newspapers, radio stations TV stations - thanks to Kevin Martin at FCC on Dec. 18th - my oh my - now even MORE ! Remember, watch Fox, - don't ask why - just do. If you don't watch Fox, just watch one of the mirror stations presented as if it's aomething different. Gain equity in the integrity of your daily living I'd get a brokered deal with Muriel for 1 year Liz ? and leave.

David, I think I avoided addressing your other comment. Yes, I do think and know Fox has 'special' interests beyond the scope of ANY panel that will - maybe - make it through the red ink on CW beneficiaries. Perhaps that is a healthy way to address this issue further in dialog. CountryWide Beneficiaries under THAT canopy of declarance - I think we can still keep a close eye on what corporation topped advertising for CountryWide. Correct me if I'm wrong, but I do like this one rung on the ladder I found myself on which left me with a realization that you really would have to believe the world was coming to an end to either issue OR sign onto the CW loan products I think at the least we will both agree are in question. I think Liz MacDonald did a par excellent job on eval of BoA/CW's books. I didn't say sub par, and I didn't grant any hole in ones here either ( I don't golf by the way, I will eventually, ONLY - and ONLY to play carelessly with the ball and enjoy the scenery ), but she certainly hit the monkey button on these CW loans resetting. Hey, again, Fox + Terror Alert Elevated >>> + Excessive 'would have to believe the world is ending tomorrow ads' to me ? equals well - we'll just have to let the jury decide, won't we DOJ is out to lunch, PLENTY of good people in the FBI left, CIA - seems Goss chased out the 'good' people on his first memo didn't he now ! "Play ball, or get lost" SPJ's are as Liz MacDonald might say 'teetering' - on word usage - but - I think the last appointment of Frank Burns set this country on a course not unlike that Gary Larson cartoon - of a man and a woman in a convertible - driving into a massive hole - apparantly an entrace to hell - she's yelling 'hell hole, I told you we were driving into a hell hole'.

If I'm not mistaken Tripp, the alleged president has 'signed off' on more laws than likely actual red traffic arrows have been accurately comprehended by drivers in any state that has them - and adhered to in accordance with local/state law. Sure there are laws- but then there are lawyers ! And then there are judges, and then ! there are politicians, and then ? there is just those who have power - power peaking on node of this hierarchy, and the powerless at the other, and yet ? I don't have any problem just sweeping the chess board on this one, we're in the middle of deep black space - in a contained biosphere, breath what you like - subject? stay on the subject ? tripp- try the subject of you imagining the person on a bike or - perhaps a mother - running to your car - wrapping their lips around your exhaust pipe - hey, I just type and think as I type, but I do say, thinking about this - didn't expect to end up here but are you a killer ? Hey - I want credit on that one.

from: Comment by Tripp Jul 25th, 2008 at 3:36 pm Greedom, clearly you do not understand how advertising works. Fox gets paid for those advertisements, it does not necessarily endorse them, and it is not a crime (saying it’s a “crime in my book” is meaningless. You don’t have a book. There are actual laws, and breaking them constitutes a crime. The definition of crime is not as flexible as you would like it to be. (Thank God) end comment: Tripp- all I meant by 'in my book' was that - crime - realistically to me, philosophically contemplated - to me ? is that which is disadvantageous to a community, and yes, there are 'laws' - and those 'laws' can be signed off on. Don't you think laws should be signed off on ?

from: Comment by Tripp Jul 25th, 2008 at 3:36 pm Greedom, clearly you do not understand how advertising works. Fox gets paid for those advertisements, it does not necessarily endorse them, and it is not a crime (saying it’s a “crime in my book” is meaningless. You don’t have a book. There are actual laws, and breaking them constitutes a crime. The definition of crime is not as flexible as you would like it to be. (Thank God) response Tripp, Fox has high stakes in promoting CountryWide and GMAC's DiTech You got the greenlight baby products. It's going to take 4, 3 to do the work, and one to organize them - to solve this mess. Currently the FBI has full plates, the SEC is paralyzed as a pork that's just been fried on the bone during electrocution. Tripp, I 'get' advertising, I also 'get' your response and position I think to what I was 'speculating' in regards to (I would have just 'on' but - hey, more fat for prepping prepositions). I'm not sure you're aware how far Fox crossed the lines - more so upstream than Fox all in all - Kevin Martin isn't going to be the chair of the FCC forever - you can take THAT to the bank - the Bank of America of course ! On subject is 'Where are the Ethics hearings in countrywides widespread rampant abuse in illigitematly concieved relationships bearing the birth child of the loan products we see settling onto the laps of - why - it's Freddie Mac - Fannie Mae - awe gee... I just KNEW the cause for the ethics violations of countrywide's criminal loan products promoted - some could argue - namely - by NewsCorp- all interwoven to become as attractive as any 350k home would be to someone being told by GERALDO - of all people - lol - please - pinch me, - that the world is going to end because non-christian terrorist islamicists are all over and need to be watched, watched MORE than the canned runaway bride sequel - where they actually follow her into her work place and seek to completely destroy her life ? No, fox has a 'special' relationship with CountryWide more special than any 'sweetheart' deals - trust me Tripp Fox indictments are coming, sooner than later. if you have anything to do with this group involved, i'd consider Uraguay.

from a prior comment: Comment by RobertC Jul 25th, 2008 at 11:25 am This is all par for the course…There seems universal sentiment that as American’s we are getting screwed by our congressmen and women. We have hard facts that there are mis-deeds, yet no one seems to be able to break away from watching American Idol to do anything to make a difference. Seems the fat congressmen and women really are only concerned with covering banks and wallstreet… end comment: Sheesh, as I read this comment, I couldn't help on the American Idol comment thinking, the entire phony iraq fiasco is part of the distraction - while the US homes are looted ! ok, not the homes, just the contract backing them!

prior comment: Comment by barbara babby Jul 25th, 2008 at 10:16 am I personally know one of the people in question regarding Countrywide—-Henry Cisneros. There is no way that man ever tells the truth about anything unless he can see either some monetary or political gain for himself. He is a true melgamanic!! These folks keep repeating their little games and no one even bothers to make them accountable for their deeds against the public trust. What kind of system permits this abuse of the public? - end comment What kind of system ? Why an unregulated system. Just imagine if plumbing inside homes was less regulated. Imagine all the crap we'd have all over. No, bad jonathon, down jonathon, no jonathon, no clue how you ended up where you are - regulation and LAWS are a good thing pal, oh yeah Jonathon, it's not your money, and it never was.

Greedom, clearly you do not understand how advertising works. Fox gets paid for those advertisements, it does not necessarily endorse them, and it is not a crime (saying it's a "crime in my book" is meaningless. You don't have a book. There are actual laws, and breaking them constitutes a crime. The definition of crime is not as flexible as you would like it to be. (Thank God) However, it is amusing how you turn from housing issues, to oil, to Iraq, to... you got it... hatred for GWB. It's really funny how *everything* comes back to how much you hate GWB. I'm not a fan either, but grow up. Countrywide was the one making loans and buying advertisements. Not Fox. Not GWB. Not the Exxon. Not the military. Please try to stay on topic.

Greedom you are a typical liberal nut. Are you going to hold CNN (Clinton News Network or Communist News Network, no difference) up to the same standard? How about MSNBC? They both ran ads for CountryWide. Do you think because Fox ran ads for CountyWide they some how became prevy to their lending policies? Our children will not be coming after us, they will be coming after you and all your commie pals for taxing them into poverty. Or is that just another piece of your master plan to enslave capitalist?

there is a rule of law in a Democratic Congress and with the NYT --you never, never , and I repeat never, investigate Democrats on the take ! They are too important to our Democracy ! So $100, 000 in your freezer or getting easy money for a mortgage ( no -fees , low rate) hey --that's not stealing/cheating ---that's just being a " good Democrat" --besides that goes -on , in Chicago , everyday ! Welcome to the new America , folks!!!

Greedom, go back down to the basement and play Guitar-Hero a bit longer the adults are trying to talk now, on the way take your meds to help you focus. Yes, we the American taxpayer will end up paying the bill for our neighbor’s mistakes and in some cases outright greed, the illegal actions of those we voted into positions of power, and obviously the commercials that ran on Fox that made all those greedy folks go out and get those bad loans. Until those of us who are responsible, who get up and go to work every day, pay our bills and our excessive taxes stand up and say "No More!" to the thieves in our government, city to federal, they will continue to take their trips with lobbyists, get their free meals, upgraded airline tickets, and sweetheart home loans. So; if you don’t like the ads on Fox, change the channel and if you don’t like dirty politicians make it possible to get elected without having $100,000,000.00 in the bank. Just think of the corruption that comes with that level of fund raising! Democrat or Republican you cannot escape those who got you elected, you simply owe them too much.

LET's HAVE A HEARING! IF GUILTY THEY GO TO JAIL! PLAIN AND SIMPLE, THATS WHAT HAPPENS TO EVERY OTHER AMERICAN!

THANK YOU ELIZABETH FOR WRITING ON THIS IMPORTANT MATTER WITH FACTS! EVERYONE WHO HAS PREVIOUSLY COMMENTED ON THIS ARTICLE REGARDING THE OUTRIGHT DECEPTION BY THE THIEVES IN CONGRESS ARE SPOT ON. NOW WHAT ARE WE GOING TO DO ABOUT IT? FOLKS WE NEED TO PUT THE GLOVES ON AND TAKE NO PRISONERS; THE PEOPLE INVOLVED IN THIS ARE CORRUPT AND JUST THINK WE WILL GO AWAY. WHAT ARE WE GOING TO DO ABOUT IT? TALK IS CHEAP AND WE NEED ANSWERS. I WILL BE CONTACTING MY CONGRESSMAN AND SENATORS WITH COPIES OF THIS ARTICLE IN HAND, I WILL CONTACT THEM EVERY DAY UNTIL I GET ACTION AND I MEAN ACTION AND NOT CHEAP TALK! THANKS AGAIN ELIZABETH AND PLEASE KEEP THE PRESSURE ON THESE CLOWNS!

The investigations will commence as soon as everyone's finished looking for the secret location in Las Vegas that is rumored to house Howard Hughes and Elvis Presley

This is all par for the course...There seems universal sentiment that as American's we are getting screwed by our congressmen and women. We have hard facts that there are mis-deeds, yet no one seems to be able to break away from watching American Idol to do anything to make a difference. Seems the fat congressmen and women really are only concerned with covering banks and wallstreet... It's time for us as American's to insist that this bull has got to stop. The Bank of America bail-out bill is getting slam dunked onto the taxpayers balance sheet as we speak, let's challenge the system...call your Senators and Congress...tell them that their priveledge to serve in office depends on their commitment to "We the people" not Wallstreet, no matter how sweet of a deal they cut you when you borrowed money. Check this site to get educated on the seriousness of Our current situation if We let the Housing Bill pass... www.fedupusa.org ...see what you can do to help!

Just a classic example of "nut-less" republicans crying because the dems arent playing fairly and then they just shut up and go away HELLO the dems know this. The Dems dont care nobody does anything WHY should they care nothing will happen to them. And the tax payer takes it in the shorts again!!!

New York Times wrote about the $300 billion as if it were going directly to the citizens facing foreclosure. Instead, it is going to Countrywide Financial Corporation, which is being bought by Bank of America. Senator Christopher Dodd (D-Conn) received a "sweetheart" loan from Countrywide, and he and other Democratic officials were "Friends of Angelo," Countrywide CEO. Countrywide then passes the risky loans to the Federal Housing Administration (FHA), and taxpayers are stuck with the losses. This is the reason Citizens Against Government Waste (CAGW) named Senator Dodd Porker of the Month for June 2008.

I wonder how well inflation is factored into those estimates of 200,000 foreclosures a month here on out. I wager it should be higher as inflation soars. Ever had one of those dreams where you're on a cliff side ? or some place high up ? and then you wake up ? well this isn't one of them.

For 200 Billion - let's see would someone kill ? would someone commit adultry ? would someone take the presidency ? would someone ? gee what is a human being capable of doing offered some HUGE some as - remember folks - someone has already cashed in and left the building, and they're not even on the radar currently.

Here is one way to distill this It's not WHO CountryWide sold the mortgage product to. The bottom line is - people unable to properly take care of the mortgage debt - many people who bought into the no money down, some cases - not instructed about resets - etc ? AND the wealthy were BOTH given non-profitable loan products from CW. Period. Senators AND Mr. and Mrs. Smith who make $55k combined a year who bought a $500k home- who like many hundreds of thousands of people- upon reset ? will lose the home. Non profitable loan product sold - PERIOD. doesn't matter to who. so, skip the VIP - and skip ignoring the little people who CountryWide ALSO 'used'. Focus on why would CW broker a non-profitable loan product ? you see ? no one in their right mind would. Maybe for your neighbor ? if you're president of the bank ? you hook Bob up with 4.43 instead of 4.9 - like everyone else - or an in-law. And that's legal. But why would CountryWide send out so many bogus loan products ? THAT answer leads closer to the Bush II is going after the entire US mortgage sector. CW abuse + Fannie and Freddie bailout - sheesh- gee, what would YOU DO for several hundred billion ?

I'd sleep better at night knowing the straight facts on why Fox ran so many Countrywide ads between the start of operation iraqi freedom until JUST recently I observe Fox has no more ads for CountryWide. MarketWatch and this very site - foxbusiness.com ran countrywide ads on the front page up until just a couple of weeks ago - even amidst all of the State of California sues CW, State of Illinois sues CW, state of Washington sues CW - and somehow ? NewsCorp found a way to keep pushing CountryWide. It's like Lemonade perhaps... only because the rhyme goes down so smooth - Forget koolaid- let's talk CountryTime Lemonade. VIP mortgages ? hey - just like Fox tried to bring about pro life issues by keeping issues of where death ends - thus requiring one to focus on where life begins - with Schiavo - I would say Fox catered to the NON-VIP countrywide customers. Let us ask - both - about the VIP favoritism, and the complete exploit of those that should never have been given a mortgage- but - thanks to Fox, a good sense that the world is ending, and you've got a magic formula for 'sure, we'll take a 500k home, that resets to 2800 a month on a $1600 month salary - SURE - 5 yeasr ? we can live there ? no money down ? rent free ? no interest ? no mortgage payments ? sheesh yeah the damage done from Fox + CountryWide FAR exceeds any damage from VIP favoritism, so I'd like to inquire into both of these, as both are crimes in my book, as I define crime as that which is disadvantageous to ones community (long term too ! ) - I want to see an investigation into VIP with CW and politicians - sure I'd think gag orders could be lifted for the rest, or we can just count on one thing, Fox running all those CountryWide ads + the terror sell was no accident... I'd say every Fox Employee that tood pay from NewsCorp -which took ad money from CountryWide ? ? ? has something to think about before bed everynight unless integrity is thrown aside. And I ask - what life is worth living when integrity is compromised ? If nothing 'means' or is able to 'mean' anything anymore - maybe the meaning was naked shorted into oblivion over night - maybe the people naked shorting should be held accountable - for crimes of counterfeit - as that is what they are doing, they are minting their own stocks... Except no plates. Well - may our children hold us accountable - and may they all have plenty of means and ways to pay us all back for all the shorting of THEIR future we did - health wise - financially - and psychologicall,y my GOD - how can ANY tv network run 'terror alert >>> elevated' - talk about a way to destroy the psyche of a child ? sheesh - or an adult even. Now - you all face it - it's hopeless - the terrists are gonna nuke YOUR city, so, go call that 800 # on the screen on Fox News in between the psychological terrorism and in general harrasmant and mis-use of the airwaves - and you get that $400k home you could never afford - and tell you what, just as Dick Cheney said - those pesky terrorists will eventually nuke a US city - gee Dick, where'd YOU get YOUR intelligence on that? No, Neal Bush looted the US savings and loan George has pulled off the entire US mortgage sector. His pal Paulson - who no doubt HAS a reason he stutters - because he 'teeters' on the brink of collapse if people knew what he knew - in my view ? is laundering the theft - and making the US tax payers pay for it. After creating this stew of toxic waste, sucking the lifeblood out of the loan products, they have finally made it downstream - like oil on the mississippi - and yes, Freddie and Fannie are finding themselves with a share of it, UBS, you name it, CITI, BoA - and CountryWide was one BIG vehicle in creating these products to be sold with criminal intent. Tellin' ya - when someone goes to get a mortgage next year it's going to be: #1 - your monthly mortgage payment #2 - your tax payment to pay off the mortgage company to keep them from falling over. In the end ? Exxon, Shell, - all the suitors for the Iraqi oil fields get protection -in the end. And they have it - thanks for the no bid contracts last month - Exxon, Shell, they're all goin' back online Ok, so, oil stabalized in Iraq, that's over - oh was it terrorists ? oh, in THAT case, I'm SURE the US will make sure to explain why it's turned its head in PRIOR issues, and why it continues to turn it's head on OTHER terrorist related issues that it chooses to 'stay out of' ? In the end, the way I look at it, homes were used as dollar bills to be laundered. In this case? The homes were equiv. to counterfeit. these were not 'realistic' proper loans - I'm closing this with focus that if CW VIP deals are to be uncovered... Beware Fox - so must the CW NON-VIP deals be uncovered. And Fox has a LOT of explaining to do on just how carefully it seperated it's content / choice of content from the CW ads ran post Iraqi War. Above all people - live like you've never not lived before- the Fox Way - fear terror forever, and don't let the terrorists give your children terminal brain cancer while they sleep ! Those pesky pesky terrorists, I mean, we should invest more money into the causes of ? Diabetes in children, of which 1 in 3 children born past 2000 will have ? OR nameless - faceless desert rednecks on horses with rifles ? hmm Good call all who voted Bush - may you be able to outrun your children - as they WILL come after you.

Frankly this flys in the face of public trust. Becouse the Democratic Congress has sank in job approval ratings as it is. But the Countrywide VIP loan which several Democratic Senators smell of a double standard. This has the smell of scandal all over it--listen Scully and Moulder would've figured this one and solve this one. But it does make one wonder and percieve how many other senators and reps are mixed up with Countrywide. And on top of that Countrywide is being sued by a San Deigo attorney over the large number of foreclosures. But the Countrywide scandal as it should be apltly called shows how out of touch is Washington DC is with Mainstreet. How many of these constutiuants have foreclosed in Senator Dodd's backyard which are countrywide related? This is one scandal that isn't going to go away and Majority Leader Harry NO Drill Reid better think twice. For the public masses aren't stupid as they percieve them to be.

I personally know one of the people in question regarding Countrywide----Henry Cisneros. There is no way that man ever tells the truth about anything unless he can see either some monetary or political gain for himself. He is a true melgamanic!! These folks keep repeating their little games and no one even bothers to make them accountable for their deeds against the public trust. What kind of system permits this abuse of the public?