
Episode 135 • • 20:23 - 24:15
135: Google Wave Invite
Countrywide Financial VIP Loans, Bank of America Data Deletion
The House Oversight Committee's investigation into the Countrywide Financial VIP mortgage program is discussed, involving favorable loan rates for politicians like Chris Dodd and Kent Conrad. Bank of America, which acquired Countrywide, claimed that relevant phone recordings were deleted due to limited hard drive space, an excuse characterized here as an admission of guilt.
