Chris Dodd so opposed to Warren he "went so far as to ask a Republican" to consider the job

[30rock]

We already knew that Dodd had publicly raised questions about Elizabeth Warren’s confirmability as Consumer Financial Protection Bureau director. But The Wall Street Journal reports today that Dodd is “waging a one-man campaign to persuade the White House to nominate anybody else.”

Mr. Dodd went so far as to ask a Republican, Federal Deposit Insurance Corp. Chairman Sheila Bair, to consider the post.

It’s certainly strange behavior for a lame duck. And he’s parroting the line of his once and future benefactors on Wall Street: That Warren doesn’t have the “managerial experience” to lead the new agency, which after all was her brainchild.

http://www.cjr.org/the_audit/crystal_ball_for_chris_dodd_finance.php

[LostinVA]

1. Does he have a job offer on the horizon, I wonder?

[Enrique]

4. he's still shopping around

he can put this on his resume, it should be worth an extra $300K/year.

[roguevalley]

22. he's as corrupt as his dad, who had to resign from congress for

bribes.

[glitch]

15. Or maybe he has something to hide.

He seems to be fighting pretty hard against daylight.

[Bozita]

2. Gotta wonder who Chris Dodd's next employer is gonna be.

You know it's gonna be for big bucks because Dodd wouldn't be doing this shit for nothing.

[daleanime]

3. Every day that goes by...

with out her appointment tells me more and more about this administration.:banghead:

[alcibiades_mystery]

7. You understand that this is an article about a member of Congress, right?

:eyes:

[daleanime]

12. Really?

And Warren's appointment isn't involved at all? My goodness, never mind.:rofl:

[Cleita]

5. He's disgusting.

I don't care where he goes in the private sector as long as it keeps him from running for any office ever again.

[Vinca]

6. Dodd has turned into a real snake in the grass.

[Guy Whitey Corngood]

8. Why not ask his old friend Angelo?

[myrna minx]

9. Wow - it sounds like he's already working on a lobbying gig.

I can't believe I ever use to respect that guy. :-(

[gratuitous]

10. Gosh so difficult to decide whether to announce this appointment

On the one hand, if Warren was appointed it would make Wall Street unhappy. And everyone simply loves Wall Street right now! But if the administration decides not to nominate her, it'll make the dirty fucking hippies who want a little oversight on the financial markets unhappy. And Wall Street will still not be the administration's friend.

The way forward is clear. Elizabeth Warren will not be nominated to direct the Consumer Financial Protection Bureau. Someone far friendlier to our good friends in the financial sector, who promises to look the other way when told to, will be nominated and appointed.

[daleanime]

13. You are correct sir...

wish that you weren't.:banghead:

[ProSense]

11. And to think,

Glenn Greenwald went out of the way to defend Dodd on the AIG payments.

Frankly, Sheila Bair is cool as the FDIC chair, and she has already made her position known:

In a interview with Forbes reporters and editors prior to her Intelligent Investing interview, Bair said that she wouldn’t be endorsing anyone for that position but says that Troubled Asset Relief Program watchdog Elizabeth Warren has the qualifications for the spot.

[30rock]

23. What you don't say is that Greenwald also criticized Dodd for his Countrywide loans

You dislike Greenwald and that's ok, because we all have the right to dislike a person. But I think we shouldn't let our differences lead us to make bad arguments against people.

1-) You did not explain why you think Greenwald was wrong about whether Dodd or the administration were favoring AIG.

2-) You did not note that in the same article, Greenwald said, "This is working because, as the White House well knows, Dodd is very politically vulnerable. He is a major target of the Right because of his genuinely questionable involvement with various banks, including his Countrywide mortgages." Thus, you attempted to create the impression that Greenwald is some sort of blind Dodd-lover.

Greenwald further said (and you didn't note this either), "I'm not defending Chris Dodd here. As I said, there are all sorts of legitimate (though still unresolved) ethical questions about Dodd's personal financial matters."

So your argument here is, "Dodd opposes Warren, therefore Dodd the AIG affair was his fault and not the Obama administration's fault," which is of course, silly logic. Reports in The Hill and the Wall Street Journal supported Greenwald's assertion, but you did not attempt to address those issues.

[Jefferson23]

31. Your characterization of the facts surrounding what Greenwald said are to

say the least, incorrect.

One needs to read your own links to see that for themselves.

[flyarm]

14. What is Chris so damned afraid of? Because he is scared shitless of her! eom

[glitch]

16. I should have read all the posts first, that is exactly what I am starting to think.

Methinks he's protesting too much.

[tabatha]

18. Yep. He has gone down to zero in my estimate.

[Bitwit1234]

17. He must have promised the big banks

he would stop her so they would give him a big job.

[ibegurpard]

19. He's retiring...he has nothing to lose by playing the villain

White House appears to fight for her and ..voila...they think they'll regain some credibility from the people and organizations they've been ignoring since taking office.

[PBS Poll-435]

20. Bair?

:wtf:


Anyone remember Wachovia/Citigroup/Wells Fargo?



:wtf:

[Liberal In Texas]

21. He's a sell-out angling for a job with a big paycheck from the Corporates when he leaves Congress.

[kohodog]

24. Dodd has always been in bed with the banksters

He supported the bills that allowed interest rates on credit cards to skyrocket, the bankruptcy bill and many more pro-bankster bills. I thought he was coming around a few years ago when he took a stand against torture, warrantless wiretapping and other constitutional issues. Any bets he ends up lobbying for the banking industry as soon as is legal?

[undeterred]

25. He's showing his true colors.

Are any of the 2008 Democratic candidates truly who they appeared to be?

[Rosa Luxemburg]

26. Is he getting senile?

[PA Democrat]

27. Bair should have more than enough to keep her busy at the FDIC .

Hadn't the FDIC neglected to collect premiums from member banks for years? IIRC, Bair had to ask for a bailout because the FDIC ran out of funds.

[KakistocracyHater]

28. ANOTHER gop in Dem clothing?!

*

[Joanne98]

29. &^%$#

:argh:

[voteearlyvoteoften]

30. stfu dodd nt

[Jefferson23]

32. This is such a shame, he should be ashamed. What a horrible way to

conclude his time in the Senate.

[WillyT]

33. Yep... K & R !!!

:kick:

[LatteLibertine]

34. Obviously Dodd

has an agenda that doesn't include the best interests of the overwhelming majority of US citizens. In conclusion, on this issue, fuck him.

[greeneyedboy]

35. what would Connecticut be w/o financial services and weapons?

Oddly Connecticut suddenly becomes very similar to South Carolina when certain issues, namely expensive war gadgetry and financial services, pop up.