Dodd Faces Heat Over AIG Connection

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CBNNews.com - In the transition period after the 2006 elections, a top executive at American International Group Inc. encouraged associates to donate to Sen. Chris Dodd's re-election campaign, The Washington Times reported.

Dodd was not up for re-election that year when the Nov. 17, 2006 e-mail from Joseph Cassano, AIG Financial Products chief executive, was sent to other AIG employees.

Click play to watch a CBN News interview with Jennifer Haberkorn, the Washington Times Reporter who first released this story on Dodd.

But due to Dodd's position on the Senate Banking, Housing and Urban Affairs Committee, he was "next in line" to be chairman of the committee, which oversees the insurance industry.

And according to Cassano, he would "have the opportunity to set the committee's agenda on issues critical to the financial services industry.

"Given his seniority in the Senate, he will also play a key role in the Democratic Majority's leadership," Cassano wrote in the message, obtained by The Washington Times.

As a result, Dodd's campaign collected more than $160,000 from AIG employees and their spouses only days before he took over as the committee chairman in January 2007.

Read more of The Washington Times exclusive article here.

Source: The Washington Times

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