Nope, no problem here. →
Gosh, what a surprise: A committee of their fellow senators has decided that Chris Dodd and Kent Conrad did nothing unethical when they took out loans from Countrywide Financial on the kind of favorable terms not available to us mere mortals without their financial or political standing – or a personal connection to the head of Countrywide.
The very Select Committee on Ethics did recognize that the whole deal looked bad, and gave its colleagues a gentle pat on the wrist for creating “the appearance that you were receiving preferential treatment based on your status as a senator.” But in the end one hand washed the other, if not very well.
It would be funny, except they are liars.