http://www.foxbusiness.com/story/markets/industries/finance/dodd-cracks-aig---time/
While the Senate was constructing the $787 billion stimulus last
month, Dodd added an executive-compensation restriction to the bill.
The provision, now called “the Dodd Amendment” by the Obama
Administration provides an “exception for contractually obligated
bonuses agreed on before Feb. 11, 2009” -- which exempts the very AIG
bonuses Dodd and others are now seeking to tax.
Dodd’s original amendment did not include that exemption, and the
Connecticut Senator denied inserting the provision._______________________________________________
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