If the investigation pans out, we’ll have a great example of bipartisan corruption that will either demand — and get — real attention from Obama or else be swept under the rug in some way, shape or form.
Among those allegedly benefitting from the Countrywide Financial VIP mortgage program were former Democratic Cabinet members Henry Cisneros, Richard Holbrooke, and Donna Shalala; former GOP Cabinet member Alphonso Jackson and two former CEOs of Fannie Mae — James Johnson and Franklin Raines, heads of the government-sponsored entity which bought Countrywide's mortgages.
If enough of the allegations pan out, look for a big broom sometime next year.
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