Don't mean...By Bill Allison Mar 17 2009 8:13 p.m. 1 comment
to keep picking on Dodd, but he does seem to be in the center of quite a lot of things lately:
While the Senate was constructing the $787 billion stimulus last month, Dodd added an executive-compensation restriction to the bill. That amendment provides an exception for contractually obligated bonuses agreed on before Feb. 11, 2009 -- which exempts the very AIG bonuses Dodd and others are now seeking to tax.
The amendment made it into the final version of the bill, and is law.
Separately, Sen. Dodd was AIG's largest single recipient of campaign donations during the 2008 election cycle with $103,100, according to opensecrets.org.
Dodd's office did not immediately return a request for comment.
One of AIG Financial Products' largest offices is based in Connecticut.
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