Posted on 03/20/2009 7:55:07 AM PDT by Liz
Tim Geithner admitted he asked Sen Chris Dodd (D-Conn) to protect AIG bonuses in the bailout bill. Geithner is in a finger-pointing match with Dodd "....we just expressed concern about a legal challenge," he told CNN. But Geithner was silent when Dodd insisted Treasury forced him to include the AIG exemption, and was silent when Obama's people told news outlets that Dodd's account (which Dodd changed from the previous day), was not true. Geithner also appeared to back away from Obamas' assertion that he first learned of the bonuses last week..... House Republicans moved to force Geithner to provide an accounting of all communications re AIG. Dodd said he remained confident in Geithner's performance. "I do, and the president does, and that's what's key," Dodd said.
(Excerpt) Read more at nypost.com ...
Tim sez "Dodd dood it"---- Dodd sez "Tim dood it." They all say "Obama done did it."
Forget about the bonuses...lets keep our eyes on the 8.5 TRILLION DOLLAR BAILOUT!!! (and that’s just the total as of 12/2009 ! )
By the time Hussein leaves office, we’ll all have to learn how to speak Chinese!!!
WHERE DID HE GET THE MONEY????? Does he have a house in DC AND in CONNECTICUT AND IN IRELAND???? WOW!!
If this were a Republican scandal, and scandal it is, the left and media would be calling for special prosecutors, investigations, resignations, and impeachment.
But since it is the most totalitarian leftist America has ever elected in charge.... Nothing...
ping
Hey, as long as he did not get money from AIG...
Ooops....
Once a liar and a cheat, always a liar and a cheat.
For some reason Obozo’s administration reminds me of the Three Stooges. Except ... I’m not laughing.
WATERBURY, Conn. - From a garage near an abandoned factory in the south end of town - the sound of squawking in the night. It's an odd noise....
But police in Waterbury knew exactly what they were dealing with. It was another cockfight.(Excerpt) Read more at boston.com ...
-------------------------------------------------
Rahm Emanuel instructs Obama to send a memo to Barney Frank: "Stay home, Barney. This is not what you think it is."
Too late. Barney had already left a message for Chris Dodd ......saying that he could not wait to see Dodd's (cough) package.
LOL...Dudd got over $100,000.00 LAST YEAR from AIG. Obama got the same!!!
In his “dog ate my homework” TV appearances, Geithner looks more like a “Timmy” than a “Tim”.
Assemble the Circular Firing Squad!
Geitner is just taking the grenade, he can be replace easily but you can’t dare have the others who are responsible (DFL Senators) admit they lied, cheated and will continue to do so in the future...
I need to shower again after reading this article...yuck.
(from NR “Campaign Spot” today)
I Wonder If President Obama Will Put Out an APB for ‘Suicide Bombers’
George Stephanopoulos reports via Twitter that AIG’s top three financial-products executives and several other officials resigned yesterday, giving the reason “fear for safety.”
03/20 10:47 AM Share
You indirectly bring up a good point:
the AIG bonuses are NOTHING, and that’s why they’re being focussed on, and that’s also why Dems like Dodd, and Geithner are willing to take the blame. As long as this little ritual can be played out on the National Stage, it will obscure the far more important stuff. But for now, all the guilty parties have their fingers crossed that the fallout from this won’t be too great, and that capital-A Absolution should begin and end here, with this entirely meaningless and arguable issue of AIG “bonuses”. They have been busy spinning it on one level, feigning no knowledge of their own culpability,but now their culpability has been revealed, so they “have to “ admit something, as Dodd did, in a perfect fit with Geithner’s only paying (part of) his outstanding taxes as he was about to enter the public eye big-time.
“Forget about the bonuses...lets keep our eyes on the 8.5 TRILLION DOLLAR BAILOUT!!! (and thats just the total as of 12/2009 ! )”
Correction: Make that
“and thats just the total as of 12/2008 ! )
sorry...I need another cup o’ Joe! LOL
Sen Dodd (D-Conn) is THE lawmaker who legislated protection for AIG bonuses. The question is what Dodd got in return for approving the AIG bonuses----this schlemiel Dodd does nothing unless he gets his. Read on.
The Nov 9, 2008 Hartford Courant reported federal agents are investigating deals mortgage giant Countrywide Financial's co-founder Angelo Mozilo made to Dodd. Since the Dodd story broke in June, the five-term senator has offered contradictory fragments of explanations and intentions.
Dodd gallops the gamut from calling the allegations of special treatment "outrageous" to pledging repeatedly and specifically to release documents related to the $800,000 in sweetheart deals he got from Countrywide.
Still claiming "there's nothing there," Dodd refuses to say whether his Senate campaign committee's payments of $60,000 last summer to a Washington law firm----- which has a history of representing Democratic senators in trouble-----were for his defense in the Senate ethics investigation of his dealings with Countrywide.
Dodd suggested, before he fled to his third home in Ireland in August, that Countrywide was not cooperating in providing information.
Dodd still claims there was nothing unusual about the $800,000 in mortgages he got from Countrywide in 2003, but records refute that, too. Documents indicate that Dodd was getting a mortgage of $276,150 on his second home in Connecticut on July 3, 2003. The amount was reduced to $275,042 and the mortgage he was refinancing was paid off.
Dodd and his wife also got a home equity loan on their Connecticut property in East Haddam from Countrywide that day. But the course those loans took was very strange.
============================================
For nearly a year and a half, Countrywide failed (or declined) to secure its interest in Dodd's home by taking the ordinary and essential step of presenting the documents to the local town clerk and recording them in the land records.
The standard routine is for the homeowner to sign the loan documents, the borrowed money is sent to the lender being paid off and the new mortgage is recorded on local land records within a few days.
Dodd, however, signed some (but not all) of his loan documents himself.
Agents of Countrywide signed his $275,042 Connecticut mortgage. His previous mortgage with Countrywide was paid off but the new mortgage did not appear on the local land records for an astonishing 16 months.
For nearly a year and a half, Countrywide failed (or declined) to secure its interest in Dodd's home by taking the ordinary and essential step of presenting the documents to the local town clerk and recording them in the land records. This is exceedingly rare in the mortgage business. Too bad for Dodd mortgages leave detailed paper trails.
Now, it's likely that Dodd is on his hands and knees pleading with Obama to call off the Feds. That's why we need to take other routes to see that justice is done.
For example----Dodd (and his wife and family) are probably enrolled in high-roller comp programs at Conn casinos (and/or in other gambling venues). These programs show every nickel high rollers bet---including wins on which high rollers may not have paid taxes.
Casinos are very tightly regulated. They are more than happy to cooperate with authorities---to protect their licenses.
Casinos would also have records on the amount of untraceable casino chips Dodd (his wife and his family) received-----maybe gifts from AIG or Dodd's pal Angelo.
Authorities should also inquire if Dodd wire-transferred--- or if AIG wire-transferred---monies into Dodd's casino account, and if taxes were paid on these monies.
Connecticut Division of Special Revenue (Gaming Control Board)
WEB SITE http://74.125.95.104/search?q=cache:EPdMRVRy8g8J:www.ct.gov/dosr/
Mailing Addresses:
Division of Special Revenue (casino control)
555 Russell Rd.
Newington CT 06111-1523
Division of Special Revenue (casino control)
P.O. Box 310424
Newington CT 06131-0424
Another possibility: Dodd, AIG, and Angelo, may have used NETeller Plc to illegally convert monies that were then transferred offhore---to overseas gambling companies, for their personal use later. NETeller is an Isle of Man-based payment processor for gambling Web sites (suspected of having operations in the US Virgin Islands---a notorious money-laundering bank haven).
It doesn’t matter if the Dems are blaming each other and the NY Post is reporting it.
The MSM will not report it to the mass of middle America. Middle America doesn’t know. Middle America doesn’t care. Middle America believes the financial problems are Bush’s fault because the MSM tells them so.
This will not end until the MSM is toppled.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.