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CBS' Sharyl Attkisson followed up in her Follow the Money series with an update on last week's investigation into the Friends of Angelo program at Countrywide Financial. That was Angelo Mozilo's VIP rewards scheme to offer special rates on home mortgages to preferred customers. Attkisson found that Rep Edolphus Towns, the Brooklyn Democrat--who happens to run the House committee that is investigating Countrywide--took out three Countrywide mortgages. Towns "personally is blocking the effort to subpoena Countrywide documents."
Towns told Atkisson he "neither sought nor received any special mortgage benefits," a claim she did not contradict. Yet she did call him a member of "the growing government list of VIPs who received loans," which is a slippery use of the term. Did she mean VIP in the colloquial sense or as a term of art referring to Mozilo's insider customers? Either way, if Towns was a Countrywide customer it seems he should recuse himself. Attkisson did not raise that issue. Perhaps she is leaving that for her next Follow the Money follow-up.
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