Word: dodds
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...months, much of the Democratic Party intelligentsia in Washington has insisted that Obama must do the latter and pick an older, white, foreign-policy or establishment figure such as Senator Joseph Biden of Delaware, Senator Chris Dodd of Connecticut, even Senator Hillary Clinton of New York. The chatter from this class has been logical, based in polls and nonstop - and it stems in part from the fact that many of those who have been spreading it are aligned with some of those potential veeps...
There are also valid concerns about the fairness and prudence of hitting up taxpayers for the missteps of well-compensated mortgage shills and Wall Street hucksters. "Socializing risk and privatizing reward," Senator Chris Dodd has called...
Barney Frank is on the line. I ask the Massachusetts Democrat, who chairs the House Financial Services Committee, if he thinks the housing bill that he and Senator Chris Dodd are on the verge of pushing through Congress will really do much good. Frank first trots out a joke from the late comedian Henny Youngman: "How's your wife?" Answer: "Compared to what?" Then he gets a bit more serious. "Do I think it's gonna have a great impact?" he says. "It's gonna have an impact. I think it will be helpful...
Lenders often agree to loan modifications when borrowers run into trouble--one industry group says 315,000 home loans were modified in the first five months of this year. The Dodd-Frank plan aims to increase that number with help from the FHA. The agency would insure existing loans in which a) the lender forgives at least 10% of the debt and switches to a fixed rate and b) the borrower agrees to split any sale gains with...
...Bond goes on, excerpting statements from Senators Hillary Clinton, Christopher Dodd, John Kerry, John Edwards, etc. to show that those in the Bush bubble weren't the only ones beating the drums...