ED MORRISSEY ISN’T BUYING CHRIS DODD’S REFI PLAN:
Dodd still has yet to make the mortgage papers public as he promised over six months ago. This looks like an attempt at a bait-and-switch to avoid the public disclosure of records that would show Dodd as knowingly accepting these sweetheart deals at below-market rates as a gift from a company that Dodd oversaw. Given the long wait we’ve had for that full disclosure, I’d say that Dodd realizes he has something to hide.
Refinancing now has nothing to do with investigating whether influence peddling took place before, either. If anything, it looks more like an attempt to bury the evidence than of a sudden commitment to clean government.