Why did Sen Dodd attach the amendment, was it the campaign money from AIG????

[demo dutch]

the amendment allowing bonusses incase you didn't know

Quote
The prohibition required under clause (i) shall not be construed to prohibit any bonus payment required to be paid pursuant to a written employment contract executed on or before February 11, 2009, as such valid employment contracts are determined by the Secretary or the designee of the Secretary.

[moundsview]

1. And did bailout money in effect pay for those contributions?

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=132x8266850

[Double T]

2. christopher dodd is a crooked democrat . The voters of Connecticut........

need to find his replacement before the next election; this corporate loving crook hates the American people.

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4. I'm sick and tired of them all! You can blame AIG all you want, but it's really congress who

is to blame and Geithner for lack of adding restrictions. Giving money to AIG is like letting the fox into the henhouse, who the hell are they kidding!!

[ProSense]

5. You need to delete this OP. It's false. n/t

[demo dutch]

10. I got it from Keith Olberman just now, and I'm asking y'all the question .. Why?

if it's false then I got my answer

[Double T]

19. The story is all over CNN too.

[SemiCharmedQuark]

6. I thought Paulson was in charge when the restrictions were up?

Paulson and Congress I guess.

[Double T]

8. I have had it with ALL of THEM; criminal corporate america and our crooked congress.

Doesn't matter which party is in charge; corruption abounds. dodd is becoming the poster idiot for corruption.

[ProSense]

3. Fox, Drudge falsely assert Dodd put "bonus protections" into stimulus bill

Fox, Drudge falsely assert Dodd put "bonus protections" into stimulus bill

More facts

[demo dutch]

7. Actually I got it from Keith Olberman

[ProSense]

9. It's still completely inaccurate. n/t

[demo dutch]

11. Fair enough, but surely someone knew what was going on with AIG, was it Geithner?

[Double T]

16. This story is all over CNN too!

dodd is corrupt.

[moundsview]

12. Then WTF does this final language mean?

The prohibition required under clause (i) shall not be construed to prohibit any bonus payment required to be paid pursuant to a written employment contract executed on or before February 11, 2009, as such valid employment contracts are determined by the Secretary or the designee of the Secretary.

[demo dutch]

13. See that's what I thought. Generally Keith corrects any allegations

[ProSense]

15. Can you read?

Or do you work for Fox Noise?

[demo dutch]

18. did you actually read post #12???

The prohibition required under clause (i) shall not be construed to prohibit any bonus payment required to be paid pursuant to a written employment contract executed on or before February 11, 2009, as such valid employment contracts are determined by the Secretary or the designee of the Secretary.

[ProSense]

22. Why don't you read:

Indeed, Dodd's amendment as introduced directed the Treasury secretary to require each Troubled Asset Relief Program (TARP) recipient to "meet appropriate standards for executive compensation and corporate governance": "a prohibition on such TARP recipient paying or accruing any bonus, retention award, or incentive compensation during the period that the obligation is outstanding to at least the 25 most highly-compensated employees, or such higher number as the Secretary may determine is in the public interest with respect to any TARP recipient."

And stop pushing RW BS.

[demo dutch]

25. "shall not be construed to prohibit ".. basically let's them off the hook

[ProSense]

26. No, basically you want to continue pushing BS. n/t

[demo dutch]

27. I'm not pushing BS that's the fucking language.. & FYI I didn't write it!!! I'm not the

only one here who's pissed off!

[ProSense]

28. No it's not the fucking language of the Dodd Amendment if you would read. n/t

[demo dutch]

29. and is he not THE guy on the finance committee.. Actually Dodd should have

have forced the issue back in 2008 when they were first working on the bailout. The fact is that if a company promised bonuses in April and is broke in September - there is no law that says they have to pay them.

[moundsview]

20. Apparently as well as 535 Senators and Representatives

that voted yay or nay for this bill.

Read the bill not some website.

http://frwebgate.access.gpo.gov/cgi-bin/getdoc.cgi?dbname=111_cong_bills&docid=f:h1enr.txt.pdf#page=402

[demo dutch]

21. I refuse to stick up for a politician, just because he's a democrat

[creeksneakers2]

23. Its not protecting bonuses

It just says the clause cited does not prohibit bonuses.

[demo dutch]

24. that's the same thing

[Truth2Tell]

14. Total Bullshit.

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=132x8267983

[demo dutch]

17. ok but read post #12