Hamsher and Greenwald are reporting that it was Geithner and Larry Summers who pushed for the softening of executive bonus/compensation limits. There’s even a ThinkProgress piece from February documenting the dispute between Dodd and Treasury. What’s even more disturbing is that “anonymous” administration officials are trying to pin all of it on Senator Dodd.
If this is true, I think we’re owed an explanation by the administration — and perhaps a resignation in there, too. Accountability, guys! Come on!