Chris Dodd’s Wife Was a Director for an AIG Owned Company

Oh what a tangled web we weave, when first we practice to deceive.

That quote from Sir Walter Scott is particularly poignant in the case of Chris Dodd and the AIG bonuses. Let me try to recap the link between Chris Dodd and the AIG bonuses that have ignited the populist fires.

AIG accepts federal bailout money

Chris Dodd writes the amendment to the stimulus bill that limits executive pay for companies that accept bailout money. This same amendment exempts executive bonuses, allowing AIG to pay their employees the bonuses that they are contractually bound to.

The House and Senate pass the stimulus without reading it

The president signs the stimulus without reading it

AIG pays the bonuses that Chris Dodd’s amendment required to be paid

The people are outraged

Obama is outraged, as is the house and senate

Politicians blame AIG and greed

It is learned that Chris Dodd wrote the amendment that guaranteed the bonuses

Chris Dodd denies he wrote the amendment

Chris Dodd admits he wrote the amendment but that the wording was changed from what he had written and nobody knows who changed it

Chris Dodd admits that he wrote the amendment that was voted on but someone in the Obama administration told him to

We learn that Chris Dodd was the largest recipient of campaign donations from AIR

We learn that Obama is number two on that list

If the chronological events listed above were not enough to make you believe that Dodd and Obama had an interest in making sure that the AIG executives received their bonuses perhaps this story about Chris Dodd’s wife will make you a believer.

In addition to being the politician that AIG contributed the most money to it appears as though Chris Dodd’s wife was on the board of an AIG controlled company.

Isn’t that quite the coincidence? What are the chances that the man who agreed to let AIG pay out the bonuses that have come under fire just happened to be the largest recipient of campaign donations? And what are the chances that the largest recipient of AIG campaign donations just happens to have a wife who worked on the board?

It all must be a big coincidence. Right?