Tuesday, March 17, 2009

WHO ENABLED THE MILLIONS OF AIG PAYOUTS?

Chris Dodd (D-CT) inserted the language into the bill which gave Billions of TAX PAYER Dollars (our money) to AIG. (Two Faced: Dodd Protected Bonuses, Now He Wants Them Out)
But it was Dodd who inserted language — known as the Dodd amendment — in the $787 billion stimulus bill that allowed all bonuses awarded before February 11, 2009, to be paid to AIG executives. That very amendment, which is now law, is now the chief hurdle to government officials who want to recover that money.
This is the same Senator Dodd who Chairs the Senate Banking and Finance Committee.
Dodd is the largest single recipient of 2008 campaign donations from AIG, with $103,100, according to the Center for Responsive Politics. That was more than presidential candidates Barack Obama and John McCain got, and nearly three times the $35,965 Sen. Hillary Clinton received.
Can you say CONFLICT OF INTEREST

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