Countrywide: Officials Bent Loan Rules For Dodd – AIG: Dodd Blames Treasury

Not good … not good at all. Plus Video of the Dodd timeline … not a good week for the senior Senator.

It’s all just moving so fast. One day after the The Hartford Courant reports that the Congressional investigation into Chris Dodd’s Countrywide deal shows CW executives bent the rules to get Dodd a discount …

An executive at mortgage giant Countrywide Financial overrode the company’s loan-writing policies to give a discount to Sen. Christopher Dodd, the powerful chairman of the Senate banking committee, according to an internal Countrywide document turned over to congressional investigators and obtained by The Courant.

Chris Dodd comes back to Connecticut  and blames Treasury officials for “… not stepping forward.” in the AIG bonus fiasco. Oh brother.

After enduring days of withering criticism for his role in the AIG bonus debacle, U.S. Sen. Christopher J. Dodd returned home to Connecticut on Friday in a feisty mood.
Dodd expressed frustration that Treasury Department officials “didn’t have the courage” to step forward sooner to clarify their role.

Treasury didn’t have courage? Or maybe Dodd should have told the truth in the first place. Dodd’s offense cannot be explained away by saying Treasury should have bailed him out … here’s the CNN/Dodd Video Timeline.


Then there’s this from Rick Green:

If Sen. Chris Dodd truly cares about President Obama‘s reform agenda, Connecticut and his party, he will gracefully step back and not run for re-election next year.

Noooooooo. Absolutely not. Dodd must not step aside. Plus this from Instapundit:

ARE SENATOR DODD’S A.I.G. ACTIONS IMPEACHABLE? Since Senators can’t be impeached, no. And I doubt the Senate will vote to expel him — the actual remedy — as they cover for their own. Still, it looks bad

There’s a whole rundown there plus a new video from the RNC. And via instapundit …. An impossibly lame excuse.