Mr. Dodd with the Rope in the Library

clue

The public watchdog group CREW – Citizens for Responsibility and Ethics in Washington – has compiled a list of Members of Congress currently under investigationby the government, including Connecticut’s own U.S. Senator Chris Dodd.

According to the CREW report, Sen. Dodd is under investigation for the two sweetheart mortgages he received from Countrywide Financial, a corporation whose name has become synonymous with “subprime lender” in the aftermath of the home mortgage crisis.

The CREW report, interestingly, concludes its brief report on Dodd with this status update:

Status: In the first quarter of 2009, Sen. Dodd spent $31,316.60 in legal fees.66 The status of the investigation is unknown.

It was revealed recently that Senator Dodd still hasn’t paid all of his debts from his quixotic 2008 Presidential campaign with the exception of regular payments to his lawyers at Perkins Coie.

Advertisements

11 responses to “Mr. Dodd with the Rope in the Library

  1. scanman1722

    I know Dodd gets hated on here more than anyone in the world but how about showing him a little love for getting his credit card regulation bill through Congress in the past 48 hours. It passed in the Senate yesterday 90-5, in the House today 367-61, and will be signed by Obama shortly. This is a massive accomplishment considering credit cards have never been regulated at this scale and many MANY Americans will benefit from this legislation.

  2. I know Dodd gets hated on here more than anyone in the world but how about showing him a little love for getting his credit card regulation bill through Congress in the past 48 hours. It passed in the Senate yesterday 90-5, in the House today 367-61, and will be signed by Obama shortly. This is a massive accomplishment considering credit cards have never been regulated at this scale and many MANY Americans will benefit from this legislation.

    Yes, and the only thing it took was for Dodd’s head to be on the chopping block! I agree the bill is good and long, long, long over due but Dodd would never have turned on his banker friends if it wasn’t for the fact that he is trying to save his own sorry ass.

  3. scanman1722

    Yes, and the only thing it took was for Dodd’s head to be on the chopping block! I agree the bill is good and long, long, long over due but Dodd would never have turned on his banker friends if it wasn’t for the fact that he is trying to save his own sorry ass.

    Nevertheless, the bill passed and people will benefit from it. Don’t bite the hand that feeds is all I’m saying.

  4. Love the picture.

    It was COL Mustard in the Library with a mortgage deal!

    NO! It was Professor Plum in the Irish Cottage with a waterboard!

    NO! It was Lady Scarlett in the AIG office with a secret amendment for bonuses!

  5. Mr. Reality

    Nevertheless, the bill passed and people will benefit from it. Don’t bite the hand that feeds is all I’m saying.

    That’s like saying the firefighter who is responsible for starting the fire should be praised for helping put out the fire. Please…where was Dodd when the economic storm began? He wasn’t helping Connecticut residents that’s for sure. If anything he is responsible for much of the banking collapse. This demise happened on his watch thanks to his negligence.

  6. AndersonScooper

    I know Dodd gets hated on here more than anyone in the world but how about showing him a little love for getting his credit card regulation bill through Congress in the past 48 hours. It passed in the Senate yesterday 90-5, in the House today 367-61, and will be signed by Obama shortly. This is a massive accomplishment considering credit cards have never been regulated at this scale and many MANY Americans will benefit from this legislation.

    Scanman–

    Are those lop-sided votes a sign of success? Or perhaps an indicator that a lot was left on the table, and that a stronger bill could have been passed?

    Yes, I know Dodd had a difficult time getting the current bill through his committee. But I would hope that he’d go for a Round Two, and attempt to re-institute interest rate caps and the legal concept of usury. Sure, Senator Sanders’ proposed cap of 15% didn’t pass the Senate, but why not try again at 18% or 20%!

    To me it’s outrageous that it’s still legal in America to charge distressed consumers rates of 25-30%. Can’t Congress do better?

  7. To me it’s outrageous that it’s still legal in America to charge distressed consumers rates of 25-30%. Can’t Congress do better?

    Sure they can simply make it impossible for the credit-challanged to get their hands on any sort of card at all.

  8. PoopyScoopy — a populist when it’s convenient, a Dodd apologist when it’s politically expedient.

    Do you have any actual convictions, Ed, or are you the whole Home Depot of political tools?

  9. or are you the whole Home Depot of political tools?

    Actually as of late he’s been hitting new Lowes frequently.

  10. Dodd is just starting to make this all too easy.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s