March 18th, 2009
05:56 PM ET
14 years ago
BREAKING: I was responsible for bonus loophole, says Dodd
[cnn-photo-caption image= http://i2.cdn.turner.com/cnn/2009/POLITICS/03/18/aig.bonuses.congress/art.dodd.cnn.jpg caption="Sen. Dodd told CNN Wednesday that officials in the Treasury Department asked him to add the bonus loophole to the stimulus bill before it was passed."]
WASHINGTON (CNN) - Senate Banking committee Chairman Christopher Dodd told CNN’s Dana Bash and Wolf Blitzer Wednesday that he was responsible for adding the bonus loophole into the stimulus package that permitted AIG and other companies that received bailout funds to pay bonuses.
Watch: I'm responsible for bonus loophole, Dodd says
On Tuesday, Dodd denied to CNN that he had anything to do with the adding of that provision.
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Accountability is good.
Where are the checks and balances on the chairman of committees? You mean to tell me one person has this much power, no oversight, no discussion, no nothing. No wonder this country is in the mess it's in.
Putting in his two weeks' notice a few months early.
Obama and all of Congress knew about this ahead of time. Don't be a scapegoat for Obama, even if he shares some of the AIG lobby money with you. (just calling it what it is)
He admitted it...but Geinther knew it too. Both should apologize to the American people and Geinther should resign...