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)
Guernsey Is Not a Tax Haven: KPMG
54:59 - KPMG Head of Tax Tony Mancini discusses the Channel Islands and the accusations that the island chain isn't tax transparent. He speaks with Bloomberg's Caroline Hyde on "Countdown." (Source: Bloomberg)
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