US Sen. Dodd says work ahead on financial bailout

Thu Sep 25, 2008 6:09pm EDT
 
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WASHINGTON, Sept 25 (Reuters) - U.S. Senate Banking Committee Chairman Christopher Dodd left a White House meeting on a Wall Street bailout plan saying it could take some time to finish work, beyond Friday's scheduled adjournment target.

Interviewed on CNN, Dodd also had harsh words for Republican presidential candidate John McCain, who attended the meeting, saying, "What this looked like to me was a rescue plan for John McCain for two hours."

Dodd added, "To be distracted for two to three hours for political theater doesn't help."

Dodd alluded to a new plan being floated by Republicans during the White House meeting. "I don't even know what it is and no one could explain it," Dodd said, noting that this new element could cause lawmakers to start over on legislation, which he did not want to do. (Reporting by Richard Cowan)

 
Kenneth Griffin, Founder, President and CEO, Citadel Investment Group LLC, speaks during the "Financial Recovery: When and How?" panel at the 2009 Milken Institute Global Conference in Beverly Hills, California April 27, 2009. REUTERS/Phil McCarten
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