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Update: Obama severs his Countrywide connection

Breaking news from the Associated Press: The Obama campaign has just announced that Jim Johnson, who received special loans from Countrywide under a "friends of Angelo" (Mozilo) program, has quit the campaign. From the A.P.: "A leader of Democrat Barack Obama's vice presidential research team has resigned amid criticism over his personal loan deals.  Obama announced in a statement Wednesday that Jim Johnson was stepping aside to avoid distracting from the vetting process." My colleague
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