30 March 2009

Sen. Dodd’s Wife Was AIG Director

#tcot #hhrs # gop # stimulus

Corruption, corruption, corruption, third world type corruption.

From Judicial Watch

The senator responsible for the legislative changes that allowed executives of a bailed-out company to get millions of dollars in bonuses has received lucrative donations from the firm and his wife has strong financial ties to it.

No wonder Connecticut Senator Christopher Dodd created a loophole in last month’s $787 billion stimulus bill to allow insurance giant American International Group (AIG) to keep its controversial bonuses. Dodd, the chairman of the Senate Banking Committee, slipped a last-minute exemption that permitted the financially ruined AIG to issue $165 million in bonuses after the government rescued it with $170 billion in taxpayer assistance.

The veteran Democrat lawmaker initially lied about his role in the scandal, but subsequently admitted it because the loophole had his paw prints all over it. This week a political news publication is shedding more light on the matter by revealing Dodd’s deep financial ties to AIG.

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2 comments:

Realtor from Vancouver said...

There's so many "on-the-other-hand" to this - yes, she used to work for them, but also many other people that didn't mess up worked there - and only for $1 all last year, depending on the bonuses that had to be returned in the end.

I think the article is biased.

Take care,
Jay

Mr Bob said...

The article is biased I admit it. welcome to the real world. Biased articles against republican administrations and the Republicans in general have been appearing for decades IN main stream news...we are fighting back and will not rest until Dodd, Frank, Pelosi and Obama are defeated. There is nothing untrue in this article.
Dodd and Obama allowed the bonuses IN THE BAILOUT BILL, then blamed the company. They are corrupt and need to be removed from politics.