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BREAKING: I was responsible for bonus loophole, says Dodd (Dodd thrown under bus by obama)
CNN Political Ticker ^ | 3-18-09

Posted on 03/18/2009 3:35:37 PM PDT by utahson

Senate Banking committee Chairman Christopher Dodd told CNN’s Dana Bash and Wolf Blitzer Wednesday that he was responsible for adding the bonus loophole into the stimulus package that permitted AIG and other companies that received bailout funds to pay bonuses.

(Excerpt) Read more at politicalticker.blogs.cnn.com ...


TOPICS: Breaking News; Business/Economy; Front Page News; Government; News/Current Events; US: Connecticut
KEYWORDS: 111th; aig; bailout; chrisdodd; connecticut; ct; democrats; democratscongress; dodd; dodo; dood; dud; dudd; dunce
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To: utahson

In 1985, Dodd and fellow Senator Ted Kennedy were out (with dates) for a night on the town at La Brasserie. Much liquor was consumed--that will come as a shock to those of us familiar with Ted Kennedy--and the two Senators were at one point unaccompanied by their dates. The Senators made a "Waitress Sandwich" out of some poor, unsuspecting waitress.

61 posted on 03/18/2009 4:01:25 PM PDT by SkyPilot
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To: utahson

62 posted on 03/18/2009 4:01:27 PM PDT by Revolting cat! (Let us prey!)
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To: utahson
Dodd taking the fall on the sword for his dear leader.

I don't think Dodd is that honorable. More likely it's worst than we know and he's trying to skate out of it.

I've had the pleasure of voting against Dodd twice now but he still keeps getting reelected. Things maybe be different this time around. The tide maybe turning for this POS.

63 posted on 03/18/2009 4:01:33 PM PDT by McGruff (Watch Obama throw Geithner under da bus)
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To: Wpin

Yesterday he said he wrote it but some “bearded stranger” changed it in committee without his knowledge.


64 posted on 03/18/2009 4:01:53 PM PDT by ShandaLear (I LOVE RUSH!)
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To: MAexile
Obama's bus.


65 posted on 03/18/2009 4:03:49 PM PDT by UCANSEE2 (The Last Boy Scout)
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To: utahson

We won!

66 posted on 03/18/2009 4:04:25 PM PDT by LurkedLongEnough
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To: MAexile

Is it time to throw ‘under the bus’ under the bus?
Wednesday, July 02, 2008
By L.A. Johnson, Pittsburgh Post-Gazette

http://www.post-gazette.com/pg/08184/894024-51.stm


67 posted on 03/18/2009 4:04:42 PM PDT by UCANSEE2 (The Last Boy Scout)
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To: utahson
He said last night he didn't know who was responsible!

Tar and feather this turkey!

68 posted on 03/18/2009 4:04:51 PM PDT by hercuroc
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To: LurkedLongEnough

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


69 posted on 03/18/2009 4:05:27 PM PDT by Crawdad (If you're in a fair fight, your tactics suck.)
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To: CaliforniaCon

“Re: “So does Leno have the balls to ask Obama about it?”

yes he will:

Leno, fawning:
Is this AIG thing bad?
BO: yes it is.

Will it get better?
BO: yes it will.

Leno resumes fawning


70 posted on 03/18/2009 4:05:29 PM PDT by Rennes Templar
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To: utahson

Video:

http://www.cnn.com/video/#/video/politics/2009/03/18/tsr.dodd.aig.bonus.intv.cnn


71 posted on 03/18/2009 4:05:31 PM PDT by TankerKC (It's July, 1956.)
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To: utahson

Dodd was on one of the news broadcasts a bit earlier.

He was saying that he didn’t insert the ‘date’ language in to the bill, that it was inserted by the compromise committee.


72 posted on 03/18/2009 4:06:37 PM PDT by TomGuy
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To: Crawdad; Admin Moderator
"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"

Wow! Please add this update above. It appears Obama asked Dodd to put it in the bill!
73 posted on 03/18/2009 4:07:44 PM PDT by utahson
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To: utahson

Good start .....now get out Dodd !

Next !

300 and 1 some odd socialists to go !


74 posted on 03/18/2009 4:07:57 PM PDT by Squantos (Be polite. Be professional. But have a plan to kill everyone you meet)
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To: utahson

So what is going on here. It doesn’t look like he is falling on the sword if he is blaming Obama’s office for “making” him do it.


75 posted on 03/18/2009 4:09:56 PM PDT by RummyChick
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To: Crawdad

link-
http://www.cnbc.com/id/29763023


76 posted on 03/18/2009 4:10:01 PM PDT by Crawdad (If you're in a fair fight, your tactics suck.)
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To: utahson

Top AIG recipients for the 2008 campaign:

1. Sen. Chris Dodd, D-Conn., $103,100
2. Sen. Barack Obama, D-Ill., $101,332

Source: http://abcnews.go.com/Politics/story?id=7110145&page=1


77 posted on 03/18/2009 4:10:56 PM PDT by Califelephant
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To: utahson

What a f’n liar! He’s still not telling the full truth.


78 posted on 03/18/2009 4:11:41 PM PDT by maggief
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To: RummyChick

Popcorn please, extra butter.


79 posted on 03/18/2009 4:12:29 PM PDT by utahson
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To: Wpin
these AIG employees were given an incentive to stay longer with the company and help them out of this mess, as they completed their tasks within their division they were rewarded as agreed for doing the job well.

Nice spin but those AIG FP employees were generously compensated while they steered SS AIG straight into the iceberg. That they needed a payoff to stick around and try to mitigate the horrific damage their company caused is nothing short of blackmail. Some of them belong in government issued pinstripes for issuing trillions of dollars of junk paper and collapsing our financial system.

80 posted on 03/18/2009 4:12:56 PM PDT by lodi90
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