"Sen Dodd (D-Conn) is THE lawmaker who legislated US government protection for AIG bonuses via the bailout package."
"Sen. Dodd has been rewarded in the 2008 election cycle with $7.65 million in campaign contributions he took in $11.7 million in all — from the securities, insurance, real-estate and commercial-banking industries... Citigroup, $310,294; SAC Capital Partners, $282,000; United Technologies, $263,400; AIG, $224,678; Bear Stearns, $205,600; St. Paul Travelers, $205,400; Royal Bank of Scotland, $203,750; Goldman Sachs, $175,600; Morgan Stanley, $155,000; Credit Suisse, $154,550; Merrill Lynch, $134,950; The Hartford, $94,350; Bank of America, $91,300; JPMorgan Chase, $129,150; USB, $101,900; Hartford Finance Services, $101,500, Lehman Brothers, $128,400; KPMG, $113,100; General Electric, $108,250; Deloitte Touche, $108,000With $165,400, Sen. Dodd also tops the list of members of Congress who took campaign cash from Fannie Mae and Freddie Mac since 1989. Sen. Barack Obama, the self-styled agent of change, is a distant second at $126,000...."
"AIG's Small London Office May Have Lost $500B" Ground zero for AIG's spectacular implosion, which has soaked up more federal bailout money than any other entity, appears to have been a small London branch office that may have lost nearly half a trillion dollars in bad deals."
Obama Received A $101,332 Bonus From AIG
AIG chiefs pressed to donate to Dodd As Democrats prepared to take control of Congress after the 2006 elections, a top boss at the insurance giant American International Group Inc. told colleagues that Sen. Christopher J. Dodd was seeking re-election donations and he implored company executives and their spouses to give.The message in the Nov. 17, 2006, e-mail from Joseph Cassano, AIG Financial Products chief executive, was unmistakable: Mr. Dodd was "next in line" to be chairman of the Senate Banking, Housing and Urban Affairs Committee, which oversees the insurance industry, and he would "have the opportunity to set the committee's agenda on issues critical to the financial services industry.
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