Posted on 02/14/2009 5:24:09 AM PST by Libloather
Dodd plans book on his role in ‘trying to save’ U.S. economy
By Alex Wood
Journal Inquirer
Published: Friday, February 13, 2009 11:08 AM EST
In an apparent effort to burnish an image that has been tarnished by the national financial crisis — and by an unusually favorable mortgage deal on his two homes — U.S. Sen. Christopher J. Dodd is planning a book on the crisis and his role in dealing with it.
The book, to be published in June, is titled “Thirteen Days: How the Financial Crisis Changed the Politics of Washington,” according to an announcement on the Web site of Publishers Weekly, a trade organ for the book industry.
The authors are Dodd, a Connecticut Democrat, and Lary Bloom, former editor of the Hartford Courant’s Sunday magazine supplement, Publishers Weekly reported.
The book is to be published by Crown, an imprint of the Crown Publishing Group, which belongs to Random House Inc.
“The book will provide an intimate look at how, over the course of 13 days last September, a financial crisis led to panic and meltdown,” Publishers Weekly reported.
Dodd, who chairs the Senate Banking Committee, “will also describe how he and others acted swiftly to try to save the American economy,” Publishers Weekly added.
Telephone messages left for Dodd’s press secretary, Brian DeAngelis, weren’t immediately returned early today.
Dodd’s approval ratings have fallen in the wake of the disclosure that he got unusually favorable financial terms on mortgages for his Washington townhouse and his East Haddam home under a “VIP program” set up by Countrywide Financial Corp.’s chief executive officer for influential “friends.”
Dodd announced this month that he plans to refinance the mortgages.
“Knowing what I know now, I regret ever having done business with Countrywide,” he told reporters. He also said he and his wife, Jackie Clegg Dodd, have never been friends with Angelo Mozilo, Countrywide’s chief executive.
Dodd and his wife have acknowledged that they knew about the VIP program, while saying they thought it involved only upgraded customer service, such as being able to get someone on the telephone without having to go through automated messages.
The book isn’t the first collaboration between Dodd and Bloom. They also co-authored the book, “Letters from Nuremberg: My Father’s Narrative of a Quest for Justice.” The book is a compilation of letters from Dodd’s father, Thomas J. Dodd, when he was prosecutor at the Nuremberg war crimes trials after World War II.
The elder Dodd served as a U.S. senator from Connecticut from 1959 to 1971.
Crown recently released a paperback version of “Letters from Nuremberg,” according to Bloom’s Web site.
Exactly, razorback! So did Dodd.
Pure fiction.
Nevermind the part he played in the financial situation, now he wants to make money from it!!
I am sure the "documentary' will be Republicans, Republicans, Republicans did it all!
How about a book on how Dodd and his fellow Democrats didn’t do anything to prevent the financial crisis? That would be more accurate.
Satire, right?
Every banker, banker’s secretary and squeeze, is now
a millionaire to billionaire (without IRS payments obviously)
precisely because they failed.
They are gamblers.
When they win, they keep the money.
When they lose, the American taxpayers now pay,
including for their unwarranted salary increases
(67+ at Merrill Lynch just became millionaires)
He can use the money he saved on “sweetheat deals” to buy copies of his own book.
Democrat voters cannot read. They wouldn’t find a book by Dodd very interesting unless it came out in comic book format.
Park in the fiction section, right next to “Dream from My Father.”
Theses scam artists aren’t re-writing history, they are making it up.
While the banking/lending industry was showering Dodd with millions in campaign donations and VIP mortgages, Dodd was opening credit markets to unworthy borrowers; thanks to Dodd, Countrywide and other lenders made a killing on subprime mortgages......er, make that "affordable housing".....
That ill-fated move created the housing bubble, the Wall Street meltdown, and our economic calamity, necessitating (first) the $700B TARP, and next the trillion dollar stimulus......(and counting).
===============================================
REFERENCE For nearly a year and a half, Countrywide failed (or declined) to secure its interest in Dodd's home by taking the ordinary and essential step of presenting the documents to the local town clerk and recording them in the land records.---- The escrow company that handles the transaction always does that once the monies are wired.
JUST WONDERING Why would someone instruct the escrow company not to record the Deed? Actually on a refi, the deed would be in Dodd's name and the recording would be a lien by Country Wide. (A) Was the mortgage non-existent? (B) Were wired monies a payoff "laundered" as a mortgage? (C) Were the monies diverted-----maybe wired to a Conn casino account?
RECAP The escrow company that handles mortgage transaction always records the deed once the monies are wired. Why would someone instruct the escrow company not to record the Deed? Was the mortgage perhaps non-existent? Were wired monies a payoff "laundered" as a mortgage? Wired monies could be a smoking gun. Were the monies diverted-----maybe wired to a Conn casino account?
NEED TO KNOW Dodd (and his wife and family) are probably enrolled in high-roller comp programs at Conn casinos (and/or in other gambling venues). These programs show every nickel high rollers bet---including wins on which high rollers may not have paid taxes.
Casinos are very tightly regulated. They are more than happy to cooperate with authorities---to protect their licenses. Casinos would also have records on the amount of untraceable casino chips Dodd (his wife and his family) received-----maybe gifts from his pal Angelo.
Authorities should also inquire if Dodd wire-transferred--- or if Angelo and other sub-prime lenders--- wire-transferred monies into Dodd's casino account........and if taxes were paid on these monies.
CONTACTS: Connecticut Division of Special Revenue (Gaming Control Board)
WEB SITE http://74.125.95.104/search?q=cache:EPdMRVRy8g8J:www.ct.gov/dosr/
Mailing Addresses:
Division of Special Revenue (casino control)
555 Russell Rd.
Newington 06111-1523
Division of Special Revenue (casino control)
P.O. Box 310424
Newington CT 06131-0424
Another possibility: Dodd, his family, and Angelo, may have used NETeller Plc to illegally convert monies that were then transferred offshore---to overseas gambling companies, for their personal use later. NETeller is an Isle of Man-based payment processor for gambling Web sites (suspected of having operations in the US Virgin Islands---a notorious money-laundering bank haven).
In 1967 he was censured by the Senate for using campaign funds for personal purposes.[22] Beyond the Senate Ethics Committee's formal disciplinary action, other sources (such as investigative journalist Drew Pearson and Jack Anderson's Congress in Crisis) suggest Dodd's corruption was far broader in scope.[23]
Like father, like son!
That book signing should be fun. I’ll be happy to stand outside with a few signs.
That’s like Jeffrey Dahmer writing a cookbook.
He’d actually dare to show up in public and sign books??
Good one. :-)
Senator Kennedy on how he tried to save Mary Jo's life and what he did to stem the tide of drunk driving.
Senator Byrd on how he fought the Klan and what he did to stop lynchings.
Barney Frank on the scourge of male prostitution and how to keep it out of your home
Or, Dodd can talk about how he is the well meaning purse snatcher.
Maybe he can get Billy-the-Bomber to ghostwrite the book for him using nautical terms, like he did for Barry. Letting the water out of the boat by drilling a hole in the hull.
This could be fun!
The sheer chuzpah, audacity, and arrogance of these people is breathtaking.
In the past, when I thought of the segment from “1984”: “We are at war with Eastasia. We have always been at war with Eastasia” and compared it to current events, it has always been with at least the tiniest part tongue-in-cheek still alive.
No more. These people are dead serious about this business. Like a pathologist beginning to do an autopsy on a person not yet declared dead and is, in fact, still alive, they want to rewrite history as we live, on the fly, throwing facts down the memory hole as fast as they appear in the public eye.
Barney Frank, Chris Dodd, the entire Democratic Party are doing it with the aid of the MSM. I saw a skit on Saturday Night Live last October where the actor playing Nancy Pelosi giving a press conference side by side with President Bush, thanked him for his help in the bailout, then made a variety of statements, each one more outlandish than the previous one, while the character playing Bush looked on, nodding his head as if he weren’t paying attention. Then she said: “And we want everyone to know, every single thing that has gone wrong with this economy including the current meltdown in the Subprime market, is completely and totally the fault of the Republicans.”
At that point, the Bush character leaned forward, suddenly appearing to pay attention in time to hear the last statement, and said: “Uhh...wait a minute. It was the Democrats and their policies that caused this crisis...”
The Pelosi character laughed and said: “Oh no. That’s silly. Wherever did you hear that?”
This is purportedly humor. I am certain the vast majority of people watching failed to see the truth in it.
I’m waiting for Dodd’s cookbook that included his famous recipe for a “Waitress Sandwich”.
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