CNBC 3 minutes ago:
In a stunning development, Sen. Christopher Dodd said that Obama administration officials asked him to add language to last month’s federal stimulus bill to make sure the controversial AIG bonuses remained in place
Dodd, chairman of the Senate Banking Committee, told CNN that Obama officials wanted the language added to an amendment limiting bonuses that could be paid by companies. He said they were afraid that without it, the government would face numerous lawsuits.
On Tuesday, Dodd denied to CNN that he had anything to do with adding the language, which has been used by officials at AIG [AIG 1.38 0.42 (+43.75%) ] to justify paying millions of dollars in bonuses to executives after receiving