Katherine Mangu-Ward Discusses the Cronyism Behind Discount VIP Loans for Congressmen

Reason Managing Editor Katherine Mangu-Ward discusses the controversy surrounding Countrywide making loans to government workers that have lower interest rates than normal loans and how easy it is to influence congressmen on CNBC's Closing Bell. Airdate: July 6, 2012.

4.39 minutes.

Scroll down for downloadable versions. Subscribe to Reason.tv's YouTube channel to receive automatic notification when new material goes live.

Editor's Note: We invite comments and request that they be civil and on-topic. We do not moderate or assume any responsibility for comments, which are owned by the readers who post them. Comments do not represent the views of Reason.com or Reason Foundation. We reserve the right to delete any comment for any reason at any time.

GET REASON MAGAZINE

Get Reason's print or digital edition before it’s posted online

OUR CURRENT ISSUE:

  • Sex in the Arab world
  • Obama's last gasp at a legacy
  • How arbitrary description of mental illness messes up public policy
  • And much more

SUBSCRIBE