Free Republic

Dodd's Wife a Former Director of Bermuda-Based IPC Holdings, an AIG Controlled Company By Kevin Rennie No wonder Senator Christopher Dodd (D-Conn) went wobbly last week when asked about his February amendment ratifying hundreds of millions of dollars in bonuses to executives at insurance giant AIG. Dodd has been one of the company's favorite recipient of campaign contributions. But it turns out that Senator Dodd's wife has also benefited from past connections to AIG as well. From 2001-2004, Jackie Clegg-Dodd served as an "independent" director of IPC Holdings, Ltd., a Bermuda-based company controlled by AIG. IPC, which provides property casualty...

President Obama's new Economic Recovery Advisory Board includes a subprime-mortgage pioneer who drove her Chicago-area bank into bankruptcy; a national union boss who took the Fifth Amendment on three occasions when asked by federal investigators what he knew about a money-laundering scheme involving the Teamsters union and the Democratic Party while Sen. Christopher J. Dodd was its general chairman; the president and CEO of a Swiss bank under investigation for helping rich Americans dodge income taxes; and assorted deep-pocketed Obama campaign donors with conflicts of interest, the Washington Times reports. No wonder investors have such little faith in the president's...

Money from the landmark settlement with Big Tobacco helped pay for a a golf course sprinkler system in New York State.  (ABC News) Money From Settlement With Big Tobacco Goes to Fund Auto Speedway, Golf Course Sprinklers Nov. 4, 2005 —  Less than three percent of the $250 billion settlement between the tobacco companies and the fifty states has been used to fund anti-smoking campaigns.When the tobacco industry settled out of court with the 50 states seven years ago this month, state officials said the money would be used to prevent kids from starting to smoke. Anti-Smoking Campaigns ForgottenYet, in...