Tuesday, March 17, 2009

Chris Dodd, Largest Recipient of AIG Money, Tries to Rewrite Law He Slipped Into Porkulus Bill

Talk about double dealing. Last month we noted Connecticut's odious Christopher Dodd at the last minute slipped a provision into the Porkulus bill capping pay for bank executives.

Now amidst all the manufactured outrage over AIG bonuses, Dodd pulls a lame stunt like this.
Senator Chris Dodd (D-Conn.) on Monday night floated the idea of taxing American International Group bonus recipients so the government could recoup the $450 million the company is paying to employees in its financial products unit. Within hours, the idea spread to both houses of Congress, with lawmakers proposing an AIG bonus tax.

While the Senate constructed the $787 billion stimulus last month, Dodd unexpectedly added an executive-compensation restriction to the bill. That amendment provides an “exception for contractually obligated bonuses agreed on before Feb. 11, 2009,” which exempts the very AIG bonuses Dodd and others are seeking to tax. The amendment is in the final version and is law.
Idiot can't even remember a stunt he pulled from a month ago. Which shouldn't surprise anyone since that's all this guy does 24/7.

But wait, it gets better.

Much better.
Also, Sen. Dodd was AIG’s largest single recipient of campaign donations during the 2008 election cycle with $103,100, according to opensecrets.org.

Dodd’s office did not immediately return a request for comment.

One of AIG Financial Products’ largest offices is based in Connecticut.
Oh, and you'll never guess who was No. 2 recipient of AIG money. Click the image to find out.

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