Edolphus Towns

Countrywide Bank Won Influence with Discount Loans to VIPs: Report

The former Countrywide Financial Corp., whose subprime loans helped start the foreclosure crisis, made hundreds of discount loans to buy influence with members of Congress, congressional staff, top government officials and executives of Fannie Mae, according to a House report.

AIG's Liddy talks to lawmakers

American International Group (AIG) CEO Edward Liddy is speaking before the House Oversight and Government Reform Committee today, discussing the...