Anyone who watched AIG bonus-gate with any interest is aware that it was Sen. Chris Dodd (D-Conn.) who took the fall for changing legislation that would have
“„Documents show that senior officials at the Federal Reserve Bank of New York received details about the bonuses more than five months before the firestorm erupted and were deeply engaged with AIG as well as outside lawyers, auditors and public relations firms about the potential controversy. But the New York Fed did not raise the alarm with the Obama administration until the end of February.