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AP cites "sweetheart loan scandal" while ignoring that Ethics Committee cleared Dodd of charges

September 04, 2009 3:10 pm ET

SUMMARY: The Associated Press reported that Sen. Chris Dodd (D-CT) "faces a tough re-election fight next year after being embroiled in a sweetheart loan scandal and legislation that allowed bailed-out insurance giant AIG to pay out millions of dollars in employee bonuses." However, the AP ignored that Dodd was cleared of the charges by the Senate Ethics Committee in the "sweetheart loan scandal" and that the executive compensation amendment he proposed actually limited bonuses within institutions receiving Troubled Asset Relief Program (TARP) funds.

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