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Dodd defends his Countrywide mortgages
Journal Inquirer (Manchester, CT) - Wednesday, June 18, 2008
Author: Don Michak ; Journal Inquirer

EXCERPT

Dodd has filed six financial disclosure statements since obtaining the mortgages in 2003. In the five reports he has made to the secretary of the Senate, as well as the 2007 report he filed with the U.S. Office of Government Ethics as a presidential candidate, Dodd disclosed only one mortgage: the 20-year, 4.8 percent variable-rate loan he obtained from the Allied Irish Bank in 2002 on his cottage on the island of Innishnee in the Connemara district of Ireland's County Galway

Senators ‘ finances - Here is the financial state of Connecticut's U.S. delegation in 2002, compared to 1992:
Connecticut Post (Bridgeport, CT) - Sunday, June 15, 2003
Sen. Christopher J. Dodd , Democrat

1992

Earned Income: $129,900*

Major assets: Two bank accounts worth less than $30,000.

Major sources of unearned income: none

Major liabilities: none

*$400 paid for cameo appearance in movie “Dave.”

2002

Earned Income: $150,000

Major Assets: Senate credit union accounts of between $65,000 and $150,000; Irish cottage, D.C. condo and Utah property valued between $130,000 and $350,000.

Major sources of unearned income: D.C. condo rental between $5,000 and $15,000.

Major liabilities: Two variable rate mortgages on Irish cottage of between $115,000 and $300,000.

Other: Dodd took three trips in 2002 at the expense of outside groups. He spoke at the Hibernarian Society Banquet in Charleston, S.C., on St. Patrick's Day. In May, he delivered a commencement address at the University of North Dakota. In September, the Mohegan Tribe paid Dodd ‘s one-way airfare from New York City to East Haddam to co-chair inaugural Celebrity Players Classic, a charity golf tournament.

Dodd continues to be a director (as he was in 1992) of the Alpha & Omega nonprofit devoted to care of physically and mentally handicapped children in Ellington; Goodspeed Opera House in East Haddam, Eugene O'Neill Theater Center in Waterford, The Hole in the Wall Gang Camp Fund in Ashford. And, since 1992 he has become a director of the McGovern Family Foundation in D.C. nonprofit research related to alcoholism in women, and U.S. Spain Council.

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