Monday, March 16, 2009
Top Democrat In Holiday Home Intrigue
From Times Online:
Senator Christopher Dodd bought a share of the house in Galway 15 years ago.
A holiday home in Connemara is at the centre of a growing row in America involving a prominent Democrat politician, a convicted insider trader and the former president Bill Clinton.
The purchase of the home by Senator Christopher Dodd is being examined by the US Senate ethics committee after allegations that Edward Downe Jr, a businessman convicted of insider trading, acted as a “middle man” in the deal.
Eight years ago Dodd, who ran for the Democratic presidential nomination against Barack Obama, lobbied Clinton, the then president, to grant Downe a pardon. This has prompted further questions about the financier’s involvement with the Galway house.
Read more ....
Update: Chris Dodd: A Few Real Estate Deals Among Friends -- Hartford Courant
Update #2: Dodd woes continue with Irish cottage -- WTNH.com
My Comment: The U.S. main stream media is quiet on this story. The Brits are the only ones who are doing the heavy lifting.