To Recover AIG Bonuses, Lawmakers Scramble to Undo Protections They Approved
Though Connecticut Democratic Sen. Chris Dodd is among those leading the charge on retrieving AIG bonuses, an amendment he added to the $787 billion stimulus bill last month created a roadblock to getting that money back.
Now this is some funny shit,
Chirstoper Dodd writes an amendment to the stimuls bill protecting the bonus money that was “guaranteed” before 2/11/2009 and now that it’s been paid out and found out and
there is public outcry over it (as there should be) his own bill is preventing them from getting the money back.
Talk about having something blow up in your face, I bet Barry O is fit to be tied right about now.
FWIW the linked artilce states that the Senator that got the most campaign money from AIG – yep thats right Chris Dodd.
An ole Chris was gonna repay the favor by stacking the deck only the deck has just crashed hard on his head.
As I said, that’s funny right there, I don’t care who you are .. that’s funny[/quote]
Yup…I caught that too.
What’s getting even more funnier (i know there is no such word) is despite what Obama has been saying about ethics/integrity, that appointment after appointment, each keeps turning up with some skeleton in the closet. First it’s Geitner’s slippery slope tax evasion. And now this….
What the heck. It’s almost as if this is a page out of Sales/Marketing 101…If you have a really sour fruit. Market is as the “the juicest, sweetist fruit on the planet”….Similarly, if your appointments/buddies has ethics issues, market your administration as the “most ethical administration, where ethics is #1”.
I have to hand it to the Bush administration. Although that was notorious admin, they were better at covering up their corruption. This admin, either they are too dumb to cover up stupid shit or they are so arrogant/flamboyant about it that they don’t care.
Change, you betcha.
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Kundra takes leave of absence from federal CIO post
The move follows allegations of bribery in D.C. office he ran
By Patrick Thibodeau
March 13, 2009 (Computerworld) WASHINGTON — The fallout from Thursday’s arrests of a District of Columbia IT security official and contractor quickly raised questions about the fate of Vivek Kundra, the new federal CIO who until recently ran the office now mired in bribery allegations.
Until his appointment by President Barack Obama as CIO less than two weeks ago, Kundra was chief technology officer for the District of Columbia. But yesterday, Kundra’s former ninth-floor office in a downtown government building was a crime scene. A police officer was stationed in the office lobby while investigators searched through records.
A White House official confirmed today that Kundra took a leave of absence from his new CIO job shortly after federal investigators arrested two men in the D.C. government office on bribery charges. The official would not elaborate on the reasons for the leave; there were no indications yesterday that Kundra was involved in any wrongdoing.
Kundra’s decision could slow his plan to create a “revolution” in the federal government’s use of technology.
On the face of it, the allegations have the appearance of a simple financial crime: bribery. Two men have been charged: Yusuf Acar, who currently is the District of Columbia’s acting chief security, earning $127,468 a year, and Sushil Bansal, CEO and founder of Advanced Integrated Technologies Corp., a Washington-based outsourcing vendor that has won a number of contracts from the district’s IT department.
Federal law enforcement officials allege that the two men created “ghost” workers — people who existed only on time sheets — and overbilled the district for software licenses.
Acar and Bansal were arraigned in U.S. District Court yesterday. Bansal was released on the condition that he remain in the area, but Acar was locked up for a long list of reasons spelled out by the U.S. District Attorney Tom Hibarger. He pointed to Acar’s connections to Turkey and to alleged efforts to create bank accounts outside the U.S.
In addition, Hibarger told the judge that officials didn’t know whether Acar still had access to the district’s IT systems. Hibarger’s concern, and Acar’s role as an acting chief security officer, raised questions about the security of the systems and whether they’ve been compromised as part of the bribery scheme.
Asked whether the district government is looking into the security of its IT systems in the wake of the arrests, a spokesman for the D.C. mayor’s office deferred comment, for now, to the FBI and U.S. attorney office, which are leading the investigation. A spokeswoman for the U.S. attorney’s office wouldn’t comment on any IT-related aspects of the case
