Submit a Story!
Chorus of outrage over millions in AIG bonuses      (AP)
Chorus of outrage over millions in AIG bonuses (AP)
AP - Leaders of the White House economic team and the Senate's top Republican bellowed about bonuses at a bailed-out insurance giant and pledged to prevent such payments in the future.
A.I.G. Planning Huge Bonuses After $170 Billion Bailout
A.I.G. Planning Huge Bonuses After $170 Billion Bailout
nytimes.com — A.I.G. Planning Huge Bonuses After $170 Billion Bailout (more) A.I.G. Planning Huge Bonuses After $170 Billion Bailout
Obama Orders Treasury Chief to Try to Block A.I.G. Bonuses
Obama Orders Treasury Chief to Try to Block A.I.G. Bonuses
nytimes.com — The president said that he has instructed Timothy F. Geithner to “pursue every single legal avenue” to... block bonuses to the ailing insurer’s executives. > (more) Obama Orders Treasury Chief to Try to Block A.I.G. Bonuses
A.I.G. Planning $100 Million in Bonuses After Huge Bailout
nytimes.com — WASHINGTON — Despite being bailed out with more than $170 billion from the Treasury and Federal Reserve,... the American International Group is preparing to pay about $100 million in bonuses to executives in the same business unit that brought the ... (more) A.I.G. Planning $100 Million in Bonuses After Huge Bailout
Comments
Blog Reactions

They Don’t Want To Nationalize The Banks, But How About AIG?
Oliver Willis — ... Because AIG is all about giving away our tax dollars to a bunch of rich-ass Cramer and Santelli types again and again and again with their bonuses. Only in the biggest of big business can a failed enterprise have the chutzpah to give bonuses to these scoundrels. ...

Conservatives Suggest Torture Tactics For AIG Execs: ‘Exemplary Hanging,’ Guillotine Party, ‘Boiling In Oil’
Think Progress — ... Politicians and pundits from both sides of the aisle have expressed outrage at the recent news that bailed-out insurance giant AIG will be paying $165 million in bonuses to the same executives who “brought the company to the brink of collapse.” President Obama and members of Congress are trying to ...

Republicans Who Opposed Wall Street Salary Caps Last Month Now Condemning ‘Outrageous’ AIG Bonuses
Think Progress — As outrage mounts over the $165 million in executive bonuses paid to AIG staffers, many Republicans are trying to tap into the widespread public anger by striking uncharacteristically populist tones. Senate Minority Leader Mitch McConnell (R-KY) and Senate Banking Commitee ranking member Richard Shelby (R-AL) have said the following in recent days: MCCONNELL: “Well, it is an outrageous situation. I wrote Secretary Paulson back in October complaining about the way AIG had been doing its business. […] This is an outrage. ...

Related Content
A.I.G. bonuses
marginalrevolution.com 3/17/2009 — Outrage, outrage, blah, blah, blah, etc. Often I feel that some topics are too obvious to blog. The real lesson is that this is another reason not to nationalize banks. It means politicizing every decision which ends up in the...
Why The AIG Bonuses Were Right
rhymeswithright.mu.nu 3/26/2009 — I've not commented on whether or not those bonuses to AIG executives should have been paid or not. I've heard lots of discussion both ways on the issue. But today's New York Times carries the resignation letter of one of...
Some Will Pay Back AIG Bonuses
online.wsj.com 3/19/2009 — Some AIG employees have returned bonuses or intend to do so amid public outrage. Among them was Douglas Poling, who received the richest payment of more than $6.4 million.
Bonuses At AIG
obsidianwings.blogs.com 3/16/2009 — by hilzoy From the WSJ : "American International Group Inc. will pay $450 million in bonuses to employees in its financial products unit. That division was at the heart of AIG's collapse last fall, which compelled the U.S. government to provide ...
Bailout King AIG to Pay Millions in Bonuses
washingtonpost.com 3/15/2009 — Comments that include profanity or personal attacks or other inappropriate comments or material will be removed from the site. Additionally, entries that are unsigned or contain "signatures" by someone other than the actual author will be removed. ...
Bailout King AIG to Pay Millions in Bonuses
washingtonpost.com 3/15/2009 — Comments that include profanity or personal attacks or other inappropriate comments or material will be removed from the site. Additionally, entries that are unsigned or contain "signatures" by someone other than the actual author will be removed. ...
Those AIG bonuses
blog.seattletimes.nwsource.com 3/17/2009 — Early on the White House seemed to be saying executives at Astounding Institutional Greed were owed their bonuses totaling $165 million because of contractual obligations. Now in the face of howling public outrage, President Obama says he is ...
The AIG Bonuses: Getting Mad and Getting Even
time.com 3/18/2009 — The theme of Capitol Hill on St. Patrick's Day was outrage. But what can Congress do about it? And could there be a sacrificial lamb?
They Came for the AIG Bonuses, but I was not an AIG Employee…
proteinwisdom.com 3/21/2009 — Forget for a moment that the legislation to tax back the bonuses from AIG is a Bill of Attainder. Forget that Bills of Attainder are prohibited by the Constitution. That part is of course easy to forget..Congress gave up on it long ago. Forget that ...
Washington knew AIG was preparing to pay bonuses (AP)
news.yahoo.com 3/18/2009 — AP - Cue the outrage. For months, the Obama administration and members of Congress have known that insurance giant AIG was getting ready to pay huge bonuses while living off government bailouts. It wasn't until the money was flowing and news was ...