Sen. Chris Dodd is spotlighting this post by Marc Ambinder, contending he’s not to blame for the provision in the stimulus bill that guarantees the AIG bonuses, because the relevant sentence was added in conference and he wasn’t a conferee. Dodd says, via Twitter, “Wanted to pass on a story by Marc Ambinder of the Atlantic about the misrepresentation of my stance on AIG.”
But Ambinder’s post also says, “Dodd, the chair of the banking committee, agreed to this language because most all of the stakeholders — including the administration — wanted it.”
He’s chair of the Banking Committee, it’s his amendment that’s being altered to include the bonus protection, and he’s signing off on the addition of this provision.
How is this exculpatory again?