bonuses

The Plot thickens.....

From the Corner:

Did Geithner Lie?   [Greg Pollowitz] 

Time: "Treasury Learned of AIG Bonuses Earlier Than Claimed

and Chris Dodd now fesses up and admits he agreed to the loophole amendment to permit grandfathered bonuses.

Wolf Blitzer said " viewers are confused".  That's only if you believed Dodd when he said yesterday "I had nothing to do with" changing the amendment. I wasn't fooled by Dodd. he's "amended his remarks" before, like on the Countrywide mortgages..

He still refuses to explain who told him to change the amendment --"I don't know their names"

Start with a "G", Chris.

Looks like the White House and Congress are busy in this competition----the bus throwing derby!.

This is the initiial reaction in the press from Dodd's duplicitious debacle

Sen. Chris Dodd (D-Conn.) looks like he may be facing a fresh political firestorm.

Dodd just admitted on CNN that he inserted a loophole in the stimulus legislation that allowed million-dollar bonuses to insurance giant AIG to go forward – after previously denying any involvement in writing the controversial provision. .

“We wrote the language in the bill, the deal with bonuses, golden parachutes, excessive executive compensation that was adopted unanimously by the United States Senate in the stimulus bill,” Dodd told CNN’s Wolf Blitzer this afternoon.

“But for that language, there would have been no language to deal with this at all.”

Dodd had previously said that he played no role in writing the controversial language, and was not a part of the conference committee that inserted the language in the bill. As late as today, Dodd’s spokeswoman denied the senator’s involvement.

Only 41% of CT voters considered Dodd "honest and trustworthy" in a recent poll. This isn;t going to make the number go up.

So we have Dodd not telling the truth and Geithner not telling the truth.

Should we start a pool on who's career in Washington ends first?