Chris Fraud, err Dodd admits to AIG bonus protection loophole he put into the original porkulus!

chris-dodd2.pngThe truth comes out, slowly but surely.  Senator Chris Dodd finally admitted to CNN that he was infact the one responsible for adding the bonus loophole into the stimulus package that permitted AIG and other companies that received bailout funds to pay bonuses. This is a complete 360 (to use a CNN term) from Tuesday, when Dodd flat out denied to CNN that he had anything to do with the loophole. But its not Dodd’s fault (according to Dodd). He now says The Treasury Department was responsible for inserting exemptions into the stimulus bill that allowed bailout recipients to receive bonuses.

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March 18, 2009 · Filed Under AIG, Chris Dodd


Comments

  • Dr. Henry

    Unfortunately, most Americans simply do not conceptuzlize who really caused this mess. Yes, Bush spent too much money, shouldn’t have started the bail out; but even a modicum conceputalization of politics reveals who is really at fault.

    Republicans, for the most part, have been inactive for nearly 30 years! They simply let too much go.