Via Bloomberg - not only is Obama now being called populist, Chris Dodd wants to recover some money. Given the economic downturn, maybe he's having trouble paying his mortgage?
The president joined politicians such as Senator Christopher Dodd, who today called for using “every possible legal means to get the money back.” The bonus pool for 2008 by New York City financial companies was the sixth-largest ever amid record losses in the securities industry, State Comptroller Thomas DiNapoli said in a report yesterday.
‘Political Posturing’
Dodd, a Connecticut Democrat who heads the Senate Banking Committee, vowed at a press conference at the Capitol to go beyond condemnation and seek a return of bonuses.
“I’m going to be urging -- in fact not urging, demanding -- that the Treasury Department figures out some way to get the money back,” Dodd said. “This is unacceptable.”
The senator said he will force executives whose companies received taxpayer aid to testify before his committee to explain their bonuses.
Former Salomon Brothers Inc. Chairman John Gutfreund dismissed Dodd’s comments, calling it “political posturing” in an interview with Bloomberg Television. “They are not going to repay all their bonuses,” said Gutfreund, 79.
HOGWASH....The Democraps are only trying to take attention off the PORK STIMULUS BILL by trying to keep this in the spotlight. What ever happened to all the crap that AIG did. HA ! I guess that is old news and they just forgot about that and Fannie and Freddie and what they did with their bale out money.
Chris Dodge, Barney Frankfurter, Nancy Pukeface, and the rest of these crooks are disgusting scum !
Posted by: WBestPresidentEver | Friday, January 30, 2009 at 04:18 PM
Dodd could start off by having his mortgage adjusted to pay back the money he saved by getting an "friend of Angelo" mortgage.
Posted by: Lala | Friday, January 30, 2009 at 04:40 PM
I will come and help Chris "Dodge" find his mortgage papers so we can show the world about our leaders in congress and how they benefit from their status and we common people can't. Crooks all of them.
Let me know Dodge boy if you need some help.
Posted by: WBestPresidentEver | Friday, January 30, 2009 at 06:47 PM