Who would have thought that just being in a VIP program would allow one to receive special treatment? Obviously not Chris Dodd.
Senator Chris Dodd who happens to be Chairman of the Senate Banking Committee, had no idea that when he said "yes" to Countrywide Financial's offer to be part of their VIP program it meant he would get some kind of special treatment. Imagine how shocked he was to learn that his VIP status gave him special loan rates and terms! He insists that he new nothing about favorable treatment under the program.
I guess he thought it was more of an honorary title, like King or something. Funny thing, he's the only one that didn't "know."