Treasury Secretary Tim Geithner confirmed in a CNN interview today that the Chris Dodd added the AIG bonus loophole to the Dodd Amendment at the administration's behest.
This of course further calls into question Obama's "rage" about the bonuses. He specifically allowed them to avoid potential lawsuits.
Instead of just admitting this at the time, Obama has engaged in a very public (and harmful) charade and now that he is caught, he is trying to downplay the damage (which explains Axelrod's statement today).
Here's a great article in the Weekly Standard discussing the issue.
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1 comment:
And they will still sing his praises.
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