Thursday, March 19, 2009

Dodd admits amendment was his work

UPDATED POST:  Senator Chris Dodd(D-Conn) admitted on Wednesday that it was his fault that the amendment to exempt contractually obligated bonuses from the stimulus package was included.

In his admission though, he also stated that he was encouraged by the US Treasury to include the executive restriction. He also made it clear that he nor Treasury Secretary Timothy Geithner had any knowledge of the AIG bonuses that were agreed upon.

It hasn't been a smooth start for Geithner as many Republicans and some in his own party are calling for his firing already.

No comments:

Post a Comment

Blog Archive