The question is no longer “How stupid does Dodd think we are?” The question is: How stupid is he?

Countrywide’s homeboy crawls out from under his bed to admit that he knew he was a VIP. But he’s still denying he knew he had received special breaks on his loans.

Via Roll Call:

Senate Banking, Housing and Urban Affairs Chairman Chris Dodd (D-Conn.) said Tuesday that he has known since 2003 that his mortgage with Countrywide Financial was designated a “VIP” account, but continued to deny allegations he received any discounts when he refinanced two loans.