ace.... as a result of a complaint filed by a liberal watchdog group, the Senate Ethics Committee has begun a preliminary investigation of the special treatment given to Dodd and Conrad by Countrywide.
Quote:
Citizens for Responsibility and Ethics in Washington (CREW), a liberal watchdog group, filed a complaint Friday with the Senate ethics committee requesting an investigation of the Countrywide loans. It cited Senate rules that allow for "loans from banks and other financial institutions on terms generally available to the public."
http://www.washingtonpost.com/wp-dyn...061702579.html
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The CREW complaint also acknowledges that there was no suggestion that either Dodd or Conrad were aware that they were receiving favorable treatment from Countrywide. (
Crew letter of complaint - pdf)
BTW, it is as a result of the new ethics rules that the Democrats in the Senate pushed through last year that allow an outside group to file a complain to initiate an ethics investigation. The Republicans had no interest in such ethics reform when they were in the majority for the previous six years. In fact, McCain, the "reformer" and a handful of other Republicans voted against this ethics reform.
It looks to me like the Democrats in the Senate are doing their job in the manner you would hope.