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bailout rules corner Dodd, wasn't me defense
In 2006, DNC chairman [[Howard Dean]] stated that the former lobbiest Abramoff is a Republican scandal and no Democrats took money. Not long after, a list of Democrats that received money from [[Jack Abramoff]] surfaced. Christopher Dodd made the list by receiving more than $14,720 in donations. <ref>http://www.freerepublic.com/focus/f-news/1551786/posts , FreeRepublic.com List of Democrats who have taken Abramoff money, January 4, 2006</ref> A number of Democrats, such as [[Harry Reid]], refused to give their donations back. No mention that Dodd ever returned his donations. The money came from Abramoff's employees at his law firm and his Native American tribes who were also clients of Jack Abramoff. "All of Mr. Abramoff's personal contributions went to Republicans." <ref>http://www.realclearpolitics.com/Commentary/com-1_24_06_JKE.html</ref> Dodd is complicit in receiving thousands of dollars in lobby donations from Abramoff.
In 2006, DNC chairman [[Howard Dean]] stated that the former lobbiest Abramoff is a Republican scandal and no Democrats took money. Not long after, a list of Democrats that received money from [[Jack Abramoff]] surfaced. Christopher Dodd made the list by receiving more than $14,720 in donations. <ref>http://www.freerepublic.com/focus/f-news/1551786/posts , FreeRepublic.com List of Democrats who have taken Abramoff money, January 4, 2006</ref> A number of Democrats, such as [[Harry Reid]], refused to give their donations back. No mention that Dodd ever returned his donations. The money came from Abramoff's employees at his law firm and his Native American tribes who were also clients of Jack Abramoff. "All of Mr. Abramoff's personal contributions went to Republicans." <ref>http://www.realclearpolitics.com/Commentary/com-1_24_06_JKE.html</ref> Dodd is complicit in receiving thousands of dollars in lobby donations from Abramoff.
==Senate Banking Committee==
Dodd has been in charge of financial-services rules for the $787 billion stimulus bill and TARP that bails-out the financial sector. On March 16, Mr. Dodd criticized bonuses given to executives of American International Group ''"This is another outrageous example of executives -- including those whose decisions were responsible for the problems that caused AIG's collapse -- enriching themselves at the expense of taxpayers."'' One rule he included was an exemption for contractual obligations prior to Feb 11, 2009, which allowed for AIG bonuses. The exact rule below;
{{cquote| Crack down on bonuses, retention awards and incentive compensation: Bonuses can only be paid in the form of long-term restricted stock, equal to no greater than 1/3 of total annual compensation, and will vest only when taxpayer funds are repaid. There is an exception for contractually obligated bonuses agreed on before Feb. 11, 2009. }} Dodd will not take responsibility for the mess he helped create saying the original amendment did not include that exemption, ''"“I can't point a finger at someone who was responsible for putting those dates in,” and “I can tell you this much, when my language left the senate, it did not include it. When it came back, it did.” <ref>[http://www.foxbusiness.com/story/markets/industries/finance/dodd-cracks-aig---time/ Amid AIG Furor, Dodd Tries to Undo Bonus Protections] Fox News, March 17, 2009</ref>
Sen. Dodd was AIG’s largest single recipient of campaign donations during the 2008 election cycle with $103,100.
==Political Positions==
==Political Positions==