Countrywide Used Loans for Favor With Fannie Mae

July 5 (Bloomberg) -- Countrywide Financial Corp. gave discount loans to former and current members of the U.S. Congress and executives at government-sponsored Fannie Mae as it lobbied to scuttle legislation that would have diminished its sale of sub-prime mortgages, according to a report by a Republican-led House oversight panel. Megan Hughes reports on Bloomberg Television's "Market Makers." (Source: Bloomberg)
The Great Rate Debate: When Will the Fed Move?
32:35 - Savita Subramanian, BofA Merrill Lynch's head of U.S. equity and quantitative strategy, discusses the outlook for Federal Reserve monetary policy with Bloomberg's Scarlet Fu, Alix Steel and Joe Weisenthal on "What'd You Miss?" (Source: Bloomberg)
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