Testimony: Sens. Conrad, Dodd told of VIP loans (AP via Yahoo! News)
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Two influential Senate committee chairmen were told they were getting special VIP deals when they applied for mortgages, an official who handled their loans told Congress in closed-door testimony. Democratic Sens. Christopher Dodd and Kent Conrad had denied knowing they were getting discounts when they negotiated their loan terms.
Testimony: Sens. Conrad, Dodd told of VIP loans (AP via Yahoo! Finance)
Two influential Senate committee chairmen were told they were getting special VIP deals when they applied for mortgages, an official who handled their loans told Congress in closed-door testimony.
GE says GE Capital improving, bad loans to linger (San Francisco Chronicle)
General Electric Co. said Tuesday its GE Capital finance arm is on track to be profitable this year and won’t need outside funding, but that its higher level of losses on loans gone bad will likely continue into 2010. The Fairfield, Conn.-based industrial… Sponsored Topics: GE Capital - NBC - Business - Finance - General Electric
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