Dodd Blasts Bush For Silence In Key Fraud Case

Law360, New York (August 15, 2007, 12:00 AM EDT) -- Sen. Chris Dodd (D-Conn.) has criticized the White House and the U.S. Solicitor General for not filing an amicus brief in favor of allowing investors to sue accountants, banks, lawyers and others who take part in sham deals that are aided by a company's accounting fraud, as the deadline for submissions closed on Wednesday.

Dodd, chair of the Senate Committee on Banking, Housing and Urban Affairs, wrote President George W. Bush and Solicitor General Paul Clement letters on Tuesday expressing disappointment with their decision not to...
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