Dodd, Blaming Bush, Says Financial Crisis is Worsening

Sen. Chris Dodd (D-Conn.) said that the decision to bailout insurance giant AIG with a $85 billion federal loan shows that the financial crisis is worsening.

Dodd, chairman of the Senate Banking Committee, also blamed the crisis on Bush administration policies. He called on federal officials to answer how the bailout will affect taxpayers and to lay out their plan to steady the economy.

"I appreciate Chairman Bernanke and Secretary Paulson informing me of their decision regarding AIG. This decision is a clear sign that the financial crisis