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Dodd: Administration sought bonus limit revision
AP ^ | 03-18-09 | JIM KUHNHENN

Posted on 03/18/2009 6:25:28 PM PDT by icwhatudo

WASHINGTON (AP) — For a while, the disappearance of an executive bonus restriction from last month's economic stimulus looked like sleight of hand worthy of a Las Vegas stage. No one could explain how the provision faded into thin air. On Wednesday, Sen. Chris Dodd, D-Conn., acknowledged that his staff agreed to dilute the executive pay provision that would have applied retroactively to recipients of federal aid.

Dodd, the chairman of the Senate Banking Committee, told CNN that the request came from Obama administration officials whom he did not identify.

(Excerpt) Read more at google.com ...


TOPICS: Business/Economy; Extended News; Government; News/Current Events
KEYWORDS: 111th; aig; dodd
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To: icwhatudo
Sorry, Chris, there is no more room under the bus.


21 posted on 03/18/2009 8:50:57 PM PDT by Islander7 (If you want to anger conservatives, lie to them. If you want to anger liberals, tell them the truth.)
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To: icwhatudo; All

Anyone want to post this all over the liberal chat forums....?

Talk spreading the wealth...haha : )


22 posted on 03/19/2009 12:53:17 AM PDT by Rick_Michael (Have no fear "President Government" is here)
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