Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.

J. P. Morgan

"Sell down to your sleeping point"

Saturday, March 21, 2009

Chris Dodd Faces the Gallows

You want an idea...

The Amendment came from somewhere, and dodd put it in, Who gave it to him:

  • Geitner or the Fed or the working group on Financial... bla bla handed it to him.
  • OR... a banking Lobbyist put it in.
But it's been Dodd who was caught lying about it...

As much a fan of Special interest as Obama is..... I saw this story, and noticed that it seemed like the banks were turning to lobbying congress to come up with a solution.

So who is it they are turning to? Chris Dodd? ...

Dodd now says it was the whitehouse.

Treasury made this statement:
On Thursday, Treasury Secretary Timothy F. Geithner came to Mr. Dodd’s defense, saying in an interview with CNN that his staff had raised concerns about whether the legislation limiting executive compensation “was vulnerable to legal challenge.”

I'm starting to suspect we may get a game of throw dodd off the bus.

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