[lbo-talk] Dodd's gift to AIG

Doug Henwood dhenwood at panix.com
Wed Mar 18 09:11:20 PDT 2009


<http://gawker.com/5173647/meet-chris-dodd-the-senator-from-aig>

Meet Chris Dodd, the Senator from AIG By John Cook, 11:33 AM on Wed Mar 18 2009, 1,330 views

Two AIG executives fingered by the New York Post as recipients of blood-money bonuses personally donated to the presidential campaign of Chris Dodd, who inserted language into the stimulus package allowing for their bonuses.

AIG execs Douglas Poling and Jonathan Liebergall, both of Connecticut, each donated $2,100 to Chris Dodd for President in late 2006.

The stimulus package severely limited the ability of bailout- recipients to pay bonuses. But Dodd inserted language that provided an "exception for contractually obligated bonuses agreed on before Feb. 11, 2009," which allowed for the AIG payouts.

It's been noted that Dodd has received $280,238 in campaign cash from AIG executives and political action committees over the past 20 years; now we know that two of the actual Bonue Villains personally cut checks. With a nice return on the investment, one assumes.



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