Word: dodds
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...surprised that Senator Chris Dodd and Congressman Barney Frank were left off the list of 25 people to blame for the economic meltdown. Each of them chairs a committee with oversight of banking and housing, the two sectors that got us into this mess. Each of them blocked attempts at tighter controls over Freddie Mac and Fannie Mae. Even more outrageous was Dodd's acceptance of a VIP loan from Countrywide. These two characters ought to be No. 1 and No. 2 in the lineup. Tim Grosscup, VILLA PARK...
Bank nationalization is the phrase on everyone's lips at the moment - with Alan Greenspan, Chris Dodd and Paul Krugman among the leading lights of the unlikely coalition in favor of it, and members of the Obama Administration repeatedly denying that it's in their plans. It's a misleading debate, though, given that the U.S. banking system was effectively nationalized on Oct. 13, when then Treasury Secretary Henry Paulson called the heads of the country's nine biggest banks into his office and told them they couldn't leave the room before agreeing to sell shares to the government...
Indeed, most of the 65 Twittering Representatives rely on their staffs to post links to press releases and notices of public events. "The feed is live now on http://dodd.senate.gov. The town hall will start shortly," reads a typical Tweet on Senate Banking Committee chairman Chris Dodd's Twitter page. But a few members like Hoekstra are braving uncharted territory, providing a unique window into the daily machinations of the nation's power brokers and, in the process, establishing a new form of civic journalism...
...viewed as bad judgment on the part of the compensation committees is to try to get some of the money back. NYS Attorney General Andrew Cuomo says he may try to use legal action to recover some of the money paid to Merrill Lynch employees. Senator Chris Dodd wants to go into court immediately...
...event was a full-blown lovefest. New Senate Foreign Relations Committee chairman John Kerry expressed his deep respect for Gore's post-Senate career and noted in an aside, "It's well-known that we have a certain political experience in common." (Hint: it doesn't involve winning.) Christopher Dodd hailed Gore as having been for years a "lonely voice in the wilderness" and pointed out that the Nobel Peace Prize winner had been warning about climate change ever since he was a member of the House of Representatives decades ago. Even Republican members like Bob Corker and Richard Lugar...