Sen. Dodd said AIG hadn't made it clear they were having any bonuses. If he'd known, Dodd would have rejected the changes to the amendment outright.
He had misconstrued a question from a reporter, which helped lead to the widely-reported confusion about his position on the bonus situation. He went on to say that anytime you have to explain things, it becomes an issue.
Dodd said he wrote the original section to limit excessive compensation for corporate executives, but Treasury wanted the bonus limitations lifted for existing contracts due to the threat of a flood of litigation.
When asked if he was worried about a challenge in 2010, Dodd stated that it was too early to worry about it. He wanted to get to the business of doing whatever they can to fix this situation, which may include passing a tax that gets all or part of the AIG bonuses returned. He also said that Geithner shouldn't resign over this.
And, maybe it's just me, but Mark Davis always sounds like he's pissed off.