Posted on 03/15/2009 7:11:04 PM PDT by icwhatudo
"A holiday home in Connemara is at the centre of a growing row in America involving a prominent Democrat politician, a convicted insider trader and the former president Bill Clinton.
The purchase of the home by Senator Christopher Dodd is being examined by the US Senate ethics committee after allegations that Edward Downe Jr, a businessman convicted of insider trading, acted as a middle man in the deal.
Eight years ago Dodd, who ran for the Democratic presidential nomination against Barack Obama, lobbied Clinton, the then president, to grant Downe a pardon."
(Excerpt) Read more at timesonline.co.uk ...
"In 2002 Kessinger sold his two-thirds share of the property to Dodd for $127,000, a profit of only $20,000 from an eight-year period during which property prices doubled in Roundstone, a popular second-home location with rich Dubliners.
Dodd said the price agreed between himself and Kessinger was based on a recent valuation. In financial-disclosure documents after his outright purchase of the property, Dodd claimed that the 1,700 sq ft house and surrounding land was worth between $100,000 and $250,000. At the time, similar properties in Roundstone were selling for more than twice this figure.
BTTT
Like anything will come of this.
8 years ago and just investigated NOW by the CT press?
THAT is the scandal
Are You insinuating that Senator Dodd may view Tony Rezko as a Role Model? Thats not nice! Isn’t Senator Dodd a Lily White Angel?
Poll: Dodd tied with Simmons for 2010 Senate race
Associated Press | Associated Press Writer
March 10, 2009
HARTFORD, Conn. - Failed presidential candidate Christopher Dodd faces a tough re-election bid for his sixth term in the U.S. Senate, according to a new poll released Tuesday.
A Quinnipiac University poll shows Dodd in a virtual tie with former Republican U.S. Rep. Rob Simmons of Stonington in a hypothetical 2010 matchup. The poll shows Simmons with 43 percent of the vote and Dodd with 42 percent.
http://www.courant.com/news/local/statewire/hc-ap-ct-connecticutsenatemar10,0,2659885.story
They're not going to believe a Dodd corrupted a Clinton>
These guys were ALWAYS corrupt ~
This just gets better.
Still claiming "there's nothing there," Dodd refuses to say whether his Senate campaign committee's payments of $60,000 last summer to a Washington law firm, which has a history of representing Democratic senators in trouble, were for his defense in the Senate ethics investigation of his dealings with Countrywide.
Dodd suggested, before he fled to his third home in Ireland in August, that Countrywide was not cooperating in providing information.
Dodd still claims there was nothing unusual about the $800,000 in mortgages he got from Countrywide in 2003, but records refute that, too. Documents indicate that Dodd was getting a mortgage of $276,150 on his second home in Connecticut on July 3, 2003. The amount was reduced to $275,042 and the mortgage he was refinancing was paid off.
Dodd and his wife also got a home equity loan on their Connecticut property in East Haddam from Countrywide that day. But the course those loans took was very strange.
============================================
For nearly a year and a half, Countrywide failed (or declined) to secure its interest in Dodd's home by taking the ordinary and essential step of presenting the documents to the local town clerk and recording them in the land records. <
The standard routine is for the homeowner to sign the loan documents, the borrowed money is sent to the lender being paid off and the new mortgage is recorded on local land records within a few days. Dodd, however, signed some but not all of his loan documents himself. Agents of Countrywide signed his $275,042 Connecticut mortgage. His previous mortgage with Countrywide was paid off but the new mortgage did not appear on the local land records for an astonishing 16 months.
For nearly a year and a half, Countrywide failed (or declined) to secure its interest in Dodd's home by taking the ordinary and essential step of presenting the documents to the local town clerk and recording them in the land records. This is exceedingly rare in the mortgage business. Too bad for Dodd mortgages leave detailed paper trails.
Now, it's likely that Dodd is on his hands and knees pleading with Obama to call off the Feds. That's why we need to take other routes to see that justice is done.
For example----Dodd (and his wife and family) are probably enrolled in high-roller comp programs at Conn casinos (and/or in other gambling venues). These programs show every nickel high rollers bet---including wins on which high rollers may not have paid taxes.
Casinos are very tightly regulated. They are more than happy to cooperate with authorities---to protect their licenses.
Casinos would also have records on the amount of untraceable casino chips Dodd (his wife and his family) received-----maybe gifts from his pal Angelo.
Authorities should also inquire if Dodd wire-transferred--- or if Angelo wire-transferred---monies into Dodd's casino account........and if taxes were paid on these monies.
Connecticut Division of Special Revenue (Gaming Control Board)
WEB SITE http://74.125.95.104/search?q=cache:EPdMRVRy8g8J:www.ct.gov/dosr/
Mailing Addresses:
Division of Special Revenue (casino control)
555 Russell Rd.
Newington CT 06111-1523
Division of Special Revenue (casino control)
P.O. Box 310424
Newington CT 06131-0424
Another possibility: Dodd, his family, and Angelo, may have used NETeller Plc to illegally convert monies that were then transferred offhore---to overseas gambling companies, for their personal use later.
NETeller is an Isle of Man-based payment processor for gambling Web sites (suspected of having operations in the US Virgin Islands---a notorious money-laundering bank haven).

“purchase of the home by Senator Christopher Dodd is being examined by the US Senate ethics committee”
There must be a Republican involved to take the fall for Dodd.
I wish I could believe that justice would be done here, but I have lost hope.
Very interesting!
1993 - Downe is found guilty of insider trading.
1994 - Dodd buys 1/3 of a 10 acre property; Downe’s business partner buys the other 2/3’s
2001 - Dodd gets a pardon for Downe from Clinton (one that wasn’t sanctioned by the DOJ)
2002 - Dodd buys the rest of the original 10 acres at a bargain from Downe’s business partner
Looks like a dirty deal to me. It wasn’t the first “dealings” he’d had with Downe, the pardoned inside trader.
Democrats are TAX CHEATS and CROOKS and NOTHING ....NOTHING happens to them!!!! There ARE TWO AMERICAS!!
HOW does a LIFELONG “public servant”...cough...cough...what a freaking joke....Just HOW does he afford THREE HOUSES???
Repeat after me............No-bid contracts. Kickbacks. Offshore wire transfers. Numbered bank accounts.
He has long been a Castro apologist as well. Once Obama drops the embargos, let’s see what Dodd’s payoff is there. I’m imagining a lot of beach front acreage.
The Republicans can take heart as Barack Obama staggers to the Left
Daily Telegraph (UK) | 15 Mar 2009 | Janet Daley
Posted on 03/15/2009 6:53:46 PM PDT by PotatoHeadMick
http://www.freerepublic.com/focus/f-news/2207293/posts
Why the GOP Can’t Win With Minorities (Excellent Column)
WSJ | 3/16/09 | Shelby Steele
Posted on 03/16/2009 4:14:41 AM PDT by RangerM
http://www.freerepublic.com/focus/f-news/2207404/posts
Possible Vitter Opponent Bows Out
Tri-Parish Times | March 16, 2009 | HOWARD J. CASTAY JR.
Posted on 03/16/2009 9:04:58 AM PDT by Galactic Overlord-In-Chief
http://www.freerepublic.com/focus/f-news/2207580/posts
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