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Archive for July 9th, 2008

Obama Joins Growing List of Mortgage “Sweetheart Senators”

Washington, DC – The scandal surrounding the Dodd-Countrywide mortgage bailout bill continues to grow, as news surfaced that Barack Obama received a suspicious deal on a home mortgage in 2005 from Northern Trust in Illinois. The massive $1.32 million loan, nicknamed a “super super jumbo” loan by mortgage lenders, allows Senator Obama to pay preferential, [...]

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