Dodd criminal banking combine's Friend

Dodd criminal banking combine's Friend

By Gerald Internet Anthriopologist Think Tank

03.17.09

While the Senate was constructing the $787 billion stimulus last month, Dodd added an executive-compensation restriction to the bill. The provision, now called “the Dodd Amendment” by the Obama Administration provides an “exception for contractually obligated bonuses agreed on before Feb. 11, 2009” -- which exempts the very AIG bonuses Dodd and others are now seeking to tax.

Separately, Sen. Dodd was AIG’s largest single recipient of campaign donations during the 2008 election cycle with $103,100, according to opensecrets.org.  Also, one of AIG Financial Products’ largest offices is based in Connecticut.

“Senator Dodd was completely unaware of these AIG bonuses until he learned of them in the past few days,” wrote Szostak.  ( You can't expect him to read all the laws he passes. G )

To suggest that the bonuses affecting AIG had any effect on Senator Dodd’s action is categorically false.”

“I can't point a finger at someone who was responsible for putting those dates in,” Dodd told FOX.  “I can tell you this much, when my language left the senate, it did not include it. When it came back, it did.” 

SOURCE: Fox

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But he did pass it, but its not his fault.

And the $100,000.00 payment had nothing to do with it.

AIG's down fall has to do with them repackaging toxic sub-prime paper.

Hat tip to Howie at Jawa.

Gerald

The worlds biggest criminal combine

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