Kent Conrad

CBS Buries Democrat Label in Chris Dodd/Kent Conrad Countrywide Scandal Story

On Friday’s CBS Evening News, correspondent Sharyl Attkisson filed a report recounting mortgage company Countrywide Financial’s history of offering special deals on loans to government officials – including figures with connections to President Clinton, President Bush, and President Obama. But, while the two most prominent figures currently still in government who are implicated in the scandal are Democratic Senators Christopher Dodd and Kent Conrad, neither Senator was identified by Attkisson as a Democrat. Even while soundbites of the two Senators were shown, there was not even an on-screen label showing the party of either Senator. Until the end of the story, the only clue viewers had as to either Senator’s party was when Attkisson identified Dodd as being the "head" of a Senate committee.

But later, the CBS correspondent did more directly link one other figure to Republican members of Congress as she read documentation citing Countrywide’s interest in a former House committee counsel, Clinton Jones. Quoting an "internal Countrywide email," Attkisson described him as "‘an advisor to ranking Republican members of Congress responsible for legislation of interest [to Countrywide].’"

It was not until the end of the report, after a soundbite of Republican Congressman Darrell Issa – whose party was labeled on screen – complaining about Countrywide’s actions, that Attkisson finally hinted that Democrats may have more to fear from the scandal as she relayed that "Democrats are blocking a Republican effort to subpoena Countrywide documents."

Major Networks Avoid Dem Senators' Countrywide Loan Scandals

As we've noted at NewsBusters, there's been scant coverage of a new scandal involving Sens. Chris Dodd (Conn.) and Kent Conrad (N.D.). Both senators chair committees with oversight of the financial industry and Dodd is behind a bailout package for mortgage lender Countrywide. Both senators got "VIP" treatment from Countrywide Financial for refinancing agreements on their respective mortgages.

So today I thought I'd check our internal records at the MRC and the transcripts at Nexis to see what sort of coverage the three broadcast networks have devoted to this story.

What I found was a big fat zero.

Countrywide did, however, pop up three times on NBC newscasts between the beginning of June and today. All three stories were about celebrity Ed McMahon's foreclosure woes.

WaPo Editorial Pulls Some Punches on Dem Senators' Loan Scandal

Townhall.com's Amanda Carpenter rips into the Washington Post today over its editorial about Democratic Sens. Kent Conrad (N.D.) and Chris Dodd (Conn.) and their cozy arrangement for mortgage refinances with Countrywide.

For some background, check out my June 13 blog on ABCNews.com's treatment of the story.

I'll let Carpenter take it from here (emphasis mine):

Silent (D) at ABC: Network Website Ignores Dem Affiliations in Loan Scandal

Sens. Chris Dodd and Kent Conrad pictured with Angelo Mozilo, ABCNews.com | NewsBusters.orgABC's Marcus Baram is reporting that Democratic Senators Chris Dodd (Conn.) and Kent Conrad (N.D.) "had their home loans handled by [Countrywide Financial's] VIP desk, where a team of loan officers would work out favorable terms in conjunction with [CEO Angelo] Mozilo, according to two former Countrywide executives."

Only their party affiliations are nowhere to be found in the ABCNews.com story.

Conrad is Chairman of the Senate Budget Committee and chairs a subcommittee of the Senate Finance Committee, according to his official Web page. Dodd serves as Chairman of the Senate Committee on Banking, Housing, and Urban Affairs. These committee chair assignments were also missing from Baram's story.

USA Today Pits Two Liberals to One Conservative in Budget Story

In the February 4 USA Today, Richard Wolf treated news of Bush's last budget proposal by alternating between liberal Democrats attacking the president and Wolf's own stark language in characterizing the spending blueprint. What's more, Wolf cited two Democrats attacking the spending plan, compared to one Republican depending reductions in spending in the final Bush budget.

An excerpt follows (emphasis mine):