Dodd Admits Involvement in Bonus Changes
Senator Chris Dodd admitted that he was in fact involved in changing the language to the final version of the stimulus bill that some say protected AIG’s controversial bonuses. Without naming names, Dodd said yesterday that Treasury officials asked him to modify the bill to cap executive bonuses:
On Tuesday, Dodd said he agreed to makes changes in the final version of the federal stimulus bill. This represented an about-face in his explanation, only one day after he said that he was not a member of the conference committee that crafted the final compromise bill and pointed out the exception had not been in the bill as he drafted it.
