tag:blogger.com,1999:blog-7047066663824860154.post7796847432680049501..comments2023-04-09T03:23:56.976-07:00Comments on Myth-Jack THIS: Jonathan Turley Piles On Sen. Dodd with False Chargeknowbuddhauhttp://www.blogger.com/profile/05018931855320500261noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-7047066663824860154.post-73641773491837324572009-03-18T18:38:00.000-07:002009-03-18T18:38:00.000-07:00Not really: Senator Dodd pointed out that, over hi...Not really: Senator Dodd pointed out that, over his objections, and at the insistence of Treasury officials, he did indeed revise the language of the bill. <BR/><BR/><BR/>Sam Stein on HuffPo:<BR/><A>http://www.huffingtonpost.com/2009/03/18/dodd-treasury-officials-i_n_176609.html</A><BR/>The Treasury Department demanded that Sen. Chris Dodd insert exemptions into the stimulus bill that allowed bailout recipients to receive bonuses, the Connecticut Democrat said on Wednesday.<BR/><BR/>According to Dodd, officials at Treasury expressed concern that if the government were to prohibit payouts, it risked being sued by companies like AIG, which had contracts stipulating that bonuses were to be paid.<BR/><BR/>At the urging of Treasury officials, Dodd modified a clause he had previously inserted into the stimulus that prohibited bonuses from being issued by bailed-out companies. An exemption was added to allow bonuses that applied to in-place contracts. <BR/>~~~~~~~~~~~~~~~~~~~~~~~~~<BR/>Change the wording, or be blamed for killing the whole deal? Turns out, they tried to blame Dodd even after he complied.knowbuddhauhttps://www.blogger.com/profile/05018931855320500261noreply@blogger.comtag:blogger.com,1999:blog-7047066663824860154.post-10598183729479850402009-03-18T17:49:00.000-07:002009-03-18T17:49:00.000-07:00Senator Dodd just accepted responsibility for the ...Senator Dodd just accepted responsibility for the amendment. http://www.cnn.com/2009/POLITICS/03/18/aig.bonuses.congress/index.htmlAnonymousnoreply@blogger.com