Wednesday, June 11, 2008

Countrywide CEO Angelo Mozilo Supporter of Senator John McCain



Countrywide CEO Angelo Mozilo Supporter of Senator John McCain



Ok, so Senator John McCain has tried to hammer Barack Obama today for having Washington Legend Jim Johnson on a team assembled to find a VP candidate for Senator Barack Obama, when as it turns out, Johnson got a mortgage loan from Countrywide Financial and a good one reportedly due to his relationship with the CEO Angelo Mozilo.

Of course, that has nothing to do with the campaign or Barack Obama. Yet, the McCain staffers and McCain have pounced on this bit of news and Senator Obama accepted Johnson's resignation today.

Well, I guess that means Senator John McCain should give back the $1,000 Angelo Mozilo gave to him. That's right. Angelo Mozilo, the CEO of Countrywide Financial, is a supporter of John McCain and gives money only to Republican candidates.

I found this news about Mozillo over at Newsmeat.com.

It seems that Mozillo has given to first Rudy Giuliani, then Elton Gallegy, who was running for Congress, and Mary Bono. He lives in Westlake Village, CA. Mozillo has not given, nor the Barack Obama seek, a donation.

So while Barack Obama has no connection to the head of the firm under Federal investigation in the subprime lending controversy, John McCain does. McCain was also one of the focal points of the Keating Five Scandal.

1 comment:

  1. Anonymous4:43 PM

    Funny how the other 4 congressmen that were actually ousted were all Democrats. Everyone forgets to mention that when bringing up McCain and the Keating 5 scandal.

    ReplyDelete