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)
Meet the CEO Who Cut His $1M Salary to $70K
52:01 - Gravity Payments CEO Dan Price explains why he cut his $1 million salary to $70,000. He speaks with Bloomberg's Pimm Fox on "Taking Stock." (Source: Bloomberg)
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