Leadership by Geoff Colvin

Power Point: Save the ship from going down

March 27, 2009: 7:56 PM ET

"I'm trying to save capitalism, while some people are trying to save a paycheck."

-- Connecticut Sentor Chris Dodd in a Fortune story by David Whitford, in next week's issue. The Democratic senator, who has served on the Senate Banking Committee since 1980 and is now its chairman, has long positioned himself as the champion of the consumer.

Dodd's position has placed him firmly at the center of every piece of legislation passed since the crisis hit last fall, from the TARP bailout to the amendment capping bonuses for  beneficiaries of the program. This last move didn't make him any friends on Wall Street. But Dodd doesn't care--he's cast himself as defender of the U.S. economy. Unfortunately he may have trouble simply defending that role, since it turns out he was the inadvertent author of a loophole in the bonus cap amendment which allowed AIG (AIG) executives to collect $165 million in bonuses. --Jessica Shambora

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Pattie Sellers
Patricia Sellers
Senior Editor at Large, Fortune
Executive Director of MPW/Live Content, Time Inc.

Fortune senior editor at large Pattie Sellers has written some of Fortune's most talked-about cover stories, including "Marissa Mayer: Ready to Rumble at Yahoo," "Oprah's Next Act," "Can Meg Whitman Save California?" "The $100 Billion Woman" (Melinda Gates), and "Remodeling Martha" (Martha Stewart). She has helped oversee Fortune's "Most Powerful Women in Business" package every year since its launch in 1998. Pattie is Executive Director of the Fortune Most Powerful Women Summit, the preeminent gathering of women leaders in business and beyond. She oversees MPW programs that enable women leaders to extend their influence and empower the next generation—such as Fortune MPW Entrepreneurs and the Fortune-U.S. State Department Global Women Leaders Mentoring Partnership. Beyond her Fortune duties, she is also developing Live Content across Time Inc. Pattie grew up in Allentown, PA, graduated from the University of Virginia, and started at Fortune in 1984. Her blog, Postcards, is about how power players lead, manage others, and navigate their careers.

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