The former Countrywide Financial, 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.
A House panel will hold a second hearing, postponed until sometime after June 30, to examine the recall of more than 135 million bottles of infant and children's medicines produced by J&J's McNeil Consumer Healthcare unit. This time the boss is expected to show.
Johnson & Johnson is being accused of stonewalling a congressional investigation into the recent recall of the company's children's medicines, The New York Times reported.
