Former Senator Chris Dodd, who headed up the Senate Finance Committee during recent implosion in the financial market, all the while denying that Fannie Mae and Freddie Mac were in trouble has a new gig. And just as he promised, he has not gone into lobbying… No, instead he took a position as the head of the Motion Picture Association of America – the top lobbyist for Hollywood.
While it may seem to be hypocritical, Mr. Dodd prefers to think of this as a continuation of his life’s work:
“In several important ways, taking this step represents a continuation of my work in the Senate, from advancing the interests of children and families and creating and safeguarding American jobs to the protection of intellectual property and the expansion of international trade,”
Source: MPAA Press Release
I couldn’t agree more. I wonder what his friend Angelo would say…
MarketWatch.com: Sen. Dodd calls Fannie, Freddie ‘fundamentally strong’
Huffington Post: Chris Dodd: ‘No Lobbying’ For Me!
Motion Picture Association of America press release MPAA APPOINTS SENATOR CHRISTOPHER J. DODD AS CHAIRMAN AND CHIEF EXECUTIVE OFFICER
Wall Street Journal: Senate Ethics Panel Clears Dodd, Conrad on Countrywide Loans
Salon.com: Chris Dodd shows how Washington works