Anyone who watched AIG bonus-gate with any interest is aware that it was Sen. Chris Dodd (D-Conn.) who took the fall for changing legislation that would have reined in those controversial payments. Anyone following a bit more closely, though, knows also that Dodd made those changes only after White House More…
Housing advocates are reminding us that the foreclosure crisis at the root of the economic collapse is also a long ways from ending. And the numbers are startling.
Without government help, 2.4 million homeowners will lose their homes to foreclosure this year, according to the Center for Responsible Lending More…
As Weigel pointed out earlier, the GOP appears poised to make a strategy of blaming Democrats — notably Senate Banking Committee Chairman Chris Dodd (Conn.) — for allowing the AIG bonuses that have become so controversial this week.
We pointed out a few reasons earlier today why Dodd More…
There’s a new argument coursing through Washington in the last 48 hours, which lays the blame for the AIG bonus scandal at the feet of Sen. Christopher Dodd (D-Conn.) for altering his recently-enacted executive pay proposal to exclude AIG.
The blame is misplaced. Here’s why.
From a statement just released by Senate Majority Leader Harry Reid (D-Nev.):
First, we are sending AIG a letter asking them to renegotiate the contracts that include these appalling bonuses. Second, if they don’t, Chairman [Max] Baucus [D-Mont.] will propose legislation to give this money back to the taxpayers by
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