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Transcripts For CNNW Anderson Cooper 360 20120706

angelo program. it names a string of lawmakers from both party, democrats and republicans who benefited from this vip treatment. kent conrad. former democratic senator chris dodd. republican house armed services committee chairman buck mckeon. all three deny any wrongdoing. the report also says the former ceo of fannie mae, officials at freddie mac and a secretary of housing and urban development were also in this friends of angelo program. so were congressional staffers from both parties that played a role in legislation that affected countrywide. these vips got, as i said, favorable mortgage rates and points. one, adolfous towns, was a chairman of the house oversight committee, the very same committee investigating countrywide. he also denies any wrongdoing. according to the house report, documents and testimony obtained documents and testimony obtained by the committee show the vip loan program was a tool used by country wide to build good will with lawmakers and other ind

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