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See Daily Beast's me-too coverage: http://www.thedailybeast.com/blogs-and-stories/2009-03-19/is-he-toast/
Richard Wolfe all but acknowledges the facts that Greenwald lays out but first blames Dodd for not doing a convincing job of making people believe him:
"Meanwhile, Dodd’s painful explanations prompted a mix of frustration and chuckles at the White House.
"On one hand, Obama’s aides dislike the finger-pointing. Some administration officials explain that Dodd’s initial attempt to limit executive pay was far too broad, and would have punished banks big and small, including community banks—who all could have sued the federal government for far more than the sum of their pay packages."
Benton Williams
DePaul University