Tuesday, October 13, 2009

Dems Block Friends of Angelo Investigation

Rep. Darrell Issa (R-CA) Washington Times:
Angelo Mozilo has lots of friends. Or at least, he used to. The former chief executive of Countrywide Financial now faces a series of federal lawsuits, including one brought by the Securities and Exchange Commission for fraud and insider trading. Suddenly, some of the most powerful Washington politicians are eschewing the shameful appellation "Friend of Angelo."
Friends of Angelo. Sweetheart mortgages. Barack Obama, D-Fannie Mae. All of a piece. More:

But somewhere in Washington, Mr. Mozilo's secrets are getting cover.

"Public investigating committees ... have always been opposed by groups that seek or have special privileges," wrote former Supreme Court Justice Hugo Black in 1936. "The spokesmen of these greedy groups never rest in their opposition to exposure and publicity. That is because special privileges thrive in secrecy and darkness and [are] destroyed by the rays of pitiless publicity."

The most transparent administration...evah

Throw the bums out.

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