Thursday, June 18, 2009

Timeline of Deceit

1992 – Edward Downe Jr is convicted of insider trading, wire fraud, securities fraud, and filing false income tax returns.

1993 – Senator Chris Dodd appears on Downe’s behalf as Downe is sentenced to only probation and an $11 Million fine.

1994 – Dodd joins with Downe buddy Ed Kessinger to purchase a “cold, windy and draughty” cottage on 12.5 acres of “mountain type land” in Ireland. Dodd’s contribution is $12,000. The purchase price is $160,000.

2001 – Dodd gets Clinton, on Bill’s last day in office, to pardon Downe. This is one of the last-day pardons that bypasses normal pardon vetting.

2002 – Dodd buys out Kessinger’s stake in the Irish property, paying $127,000. Downe signs the document as a witness.

2008 – House in Ireland valued at between $101,000 and $250,000 according to financial statements. Dodd is focus of ethics probe over sweetheart mortgages in US, deflects most of troubling spotlight with help of Democratic cronies.

2009 – Dodd has the property appraised. Value of home suddenly becomes $660,000.

2009 – Judicial Watch files an ethics complaint against Dodd for failing to report the 2002 transaction as a gift.

Dodd better thank his lucky stars he’s not a Republican, because then he might be in real trouble.

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