Dodd defends actions as an AIG exec returns $6 million bonus (Dodd wrote it, Obama signed it)

cnn ^ | 3/20/2009 | cnn

[tobyhill]

A defiant Sen. Chris Dodd defended his actions on bonuses for AIG executives Friday as news surfaced that a senior company executive was returning his $6 million bonus.

Dodd said he was misled on the issue of bonuses for AIG executives. He claimed he would not have drafted key legislative changes allowing the bonuses to move forward if he knew the purpose of those changes.

Meanwhile, a senior AIG executive said through a company spokesman that he will return his $6 million bonus. The executive, Doug Poling, is returning the money "because it's the correct thing to do," said Mark Herr, an AIG spokesman.

Dodd, a Democrat from Connecticut, said officials at the Treasury Department led him to believe that the changes added to the $787 billion economic stimulus bill shortly before its final passage were merely "technical and innocuous" in nature.

"If I knew (the purpose of the changes) was to protect (AIG's) bonuses ... I would have flatly rejected it," he claimed.

Dodd, who was visiting constituents in Enfield, Connecticut, said he was disappointed that the Treasury officials who asked him to make the legislative changes had not identified themselves.

[NoLibZone]

Democrat DODD wrote it, Dodd voted for it and Obama signed it.

Both must be impeached.

[Fred]

The AG in CT has begun the witch trials on the AIG guys. He better include Dodd.

[classified]

Geitner too!

[reefdiver]

A defiant Sen. Chris Dodd, When the hell isn’t He ???

[Las Vegas Ron]

This is a dangerous precedent, somebody better get the guavas to stand up to these goons soon.

[skinkinthegrass]

..a grand CYA move, by a corrupt politician.
and blaming un-named Treasury Officials, too...
so feeble / transparent.

[TLI]

A defiant Sen. Chris Dodd defended his actions on bonuses for AIG executives Friday as news surfaced that a senior company executive was returning his $6 million bonus.

Too Late . . .

[NickFlooding]

Dodd needs to give back his salary along with 534 other miss-mangers along with Obama and and all of his tax cheats.

Two Americas, one for tax paying citizens and one for Obama’s Cheats.

[Gator113]

Typical democrat.... try to defend the indefensible.

[ding_dong_daddy_from_dumas]

[RightFighter]

Dodd, who was visiting constituents in Enfield, Connecticut, said he was disappointed that the Treasury officials who asked him to make the legislative changes had not identified themselves. What is he, a reporter protecting a source? If he knows who asked him to make the changes, I'd suggest he start naming names. If he won't name names, then he's lying.

Actually, with Chris Dodd, I'm afraid if his lips are moving, he's lying.

[Clintonfatigued]

Dodd is talking out of his other face.

[Fred]

That is hysterical!!!

[kenth]

“If I had known the changes I made to protect bonuses would protect bonuses, I wouldn’t have done it.”

[ding_dong_daddy_from_dumas]

Did you ever see Casablanca?

[csmusaret]

A senator takes $100,000 from AIG then inserts an amendment into legislation protecting $165 million in AIG bonuses. Quid pro quo? Corruption? No, just a son following in his father’s footsteps.

[Uncle Hal]

Dodd is an idiot.

[org.whodat]

Wrong, those guys knew the company was going broke when the new contracts were done. In any bankruptcy court in this country that is an act of bankruptcy and will get you gust status at the gray bar inn.

[VRWCTexan]

Quote: “(Dodd)claimed he would not have drafted key legislative changes allowing the bonuses to move forward if he knew the purpose of those changes....??””

Is he really so stupid that he would have totally reversed the supposed intent of this amendment to “ban bonuses” and never ask the intended rationale...??

Answer = No -— but he thinks we are all that stupid and will just accept his lame excuse at face value...