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To: maggief
Dodd Admits Having Known Of AIG Bonus Loophole

By CHRISTOPHER KEATING | Capitol Bureau Chief
6:00 PM EDT, March 18, 2009

In an apparent change of his position, U.S. Sen. Christopher Dodd said Wednesday that he was aware of changes in legislation for a loophole that allowed highly controversial bonuses for AIG, the embattled insurance company that has received federal bailout money.

In a live interview on CNN, Dodd said, “I agreed to a modification in the legislation, reluctantly.’’

Previously, Dodd had said he was not a member of the conference committee that crafted the final version of the highly complicated bill. But he had come under strong fire from Republicans and others as the person who was involved in what CNN anchor Wolf Blitzer had called a “mysterious loophole’’ in the legislation.

When Blitzer asked Dodd what had changed in his understanding between Tuesday and Wednesday, Dodd replied, “Going back and reviewing it. ... I apologize if we had some confusion.’’

(snip)

http://www.courant.com/news/politics/hc-dodd-admits-knowing-of-aig-loophole,0,450055.story

89 posted on 03/18/2009 4:17:13 PM PDT by maggief
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To: maggief

http://blogs.courant.com/helen_ubinas/2009/03/stick-a-fork-in-him-hes-done.html

Dodd KO’d
By
Helen Ubinas

March 18, 2009 6:39 PM
U.S. Sen. Christopher Dodd’s already got quite a track record of ducking and weaving...

Mortgages, what mortgages?

Erin go — what Ireland cottage?

Iowa? The Hawkeye state is just a temporary residence, my friends.

But after the slick Senator spent the day insisting he had nothing to do with giving those AIG guys those fat bonuses — ridiculous, he said — he finally fessed up to CNN’s Wolf Blitzer. Read all about it here.

Turns out Dodd was part of the committee that crafted a bill that allowed the companies to give out the big bucks, after all.

“I apologize if we had some confusion.”

No confusion Senator.

You’re down for the count — and amazingly, you knocked yourself out.


93 posted on 03/18/2009 4:20:45 PM PDT by maggief
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To: maggief

“When Blitzer asked Dodd what had changed in his understanding between Tuesday and Wednesday, Dodd replied, “Going back and reviewing it. ... I apologize if we had some confusion.”

Oh I see, telling a bald faced lie is now “confusion”.

These DC pimps are pathetic.


131 posted on 03/18/2009 5:22:32 PM PDT by headstamp 2 ("Government is a disease masquerading as it's own cure")
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