Tuesday, March 17, 2009

The Senator from AIG's Financial Products Gp in CT and from Countrywide

Dodd has his sticky fingers over every aspect of this financial meltdown with personal corruption at each place.

Two Faced: Dodd Protected Bonuses, Now He Wants Them Out




Democratic Sen. Christopher Dodd on Monday criticized the bonuses given to executives of American International Group Inc. and suggested that the government could tax the recipients to recoup some or all of the payouts.

But it was Dodd who inserted language — known as the Dodd amendment — in the $787 billion stimulus bill that allowed all bonuses awarded before February 11, 2009, to be paid to AIG executives. That very amendment, which is now law, is now the chief hurdle to government officials who want to recover that money.

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Sen Dodd got two sweetheart mortgage loans from Countrywide as a "Friend of Angelo" and has so far not divulged the details although he had promised to do so many months ago.

Top Recipients of Fannie Mae and Freddie Mac Campaign Contributions, 1989-2008

Name Office Party/State Total

1. Dodd, Christopher J S D-CT $133,900

2. Kerry, John S D-MA $111,000

3. Obama, Barack S D-IL $105,849

4. Clinton, Hillary S D-NY $75,550

5. Kanjorski, Paul E H D-PA $65,500

Dodd is the largest single recipient of 2008 campaign donations from AIG, with $103,100, according to the Center for Responsive Politics. That was more than presidential candidates Barack Obama and John McCain got, and nearly three times the $35,965 Sen. Hillary Clinton received.


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