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Help for small business, condemnation for AIG bonuses
Help for small business, condemnation for AIG bonuses
The President discusses his proposals to help deserving small businesses get credit and keep creating jobs, while pledging to fight the greed and recklessness demonstrated in the AIG bonuses.
Dealbook - The Case for Paying the A.I.G. Bonuses
nytimes.com — Do we really have to foot the bill for those bonuses at the American International Group ?... It sure does sting. A staggering $165 million — for employees of a company that nearly took down the financial system. And heck, we, the taxpayers, own nearly ... (more) Dealbook - The Case for Paying the A.I.G. Bonuses
The White House Seeks to Block Bonuses at A.I.G.
The White House Seeks to Block Bonuses at A.I.G.
nytimes.com — President Obama told Treasury Secretary Timothy F. Geithner to “pursue every single legal avenue to block these... bonuses.” (more) The White House Seeks to Block Bonuses at A.I.G.
Obama Administration: We Didn't Find Out About AIG Bonuses Until This Month
Obama Administration: We Didn't Find Out About AIG Bonuses Until This Month
blogs.abcnews.com — Sources in the Obama administration Tuesday said that despite previous media reports administration officials did not know... until a couple weeks ago that the officials of the controversial AIG Financial Product Division were set to receive $165 million ... (more) Obama Administration: We Didn't Find Out About AIG ...
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Blog Reactions

The Washington Post Makes Up News For The Front Page
Oliver Willis — ... The entire article is 897 words, but it gives a paltry 37 to the President’s clear and direct statements addressing the issue at hand. And the Post commits this act of cowardice in the hinterlands of paragraph 5. ...

What happened last time we tried this
SCSUScholars — ... , which is how I took it, President Obama's statement about "pursue every legal avenue" to prevent their payment is fine. I assumed when he spoke that the effort was understood to be futile, since Larry Summers ...

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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...
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 ...
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 ...
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.
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 ...
BBC NEWS | Business | US to force AIG to repay bonuses
news.bbc.co.uk 3/18/2009 — Ailing insurer AIG will be required to pay back hugely controversial bonuses it awarded after taking public bail-out money, the US treasury secretary says. In a letter to congressmen, Timothy Geithner also said $165m (£116m) would be taken from $30bn ...
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...
More Thoughts on the AIG Bonuses
corner.nationalreview.com 3/19/2009 — I usually agree with the guys at Clusterstock, but I think they're wrong about the AIG bonuses -- though at least they've actually thought about the problem for longer than it takes to churn out a press release containing the word "outrageous" The ...
The AIG Bonuses
yglesias.thinkprogress.org 3/16/2009 — You would think that executives at a company that’s so poorly managed that it requires vast government aid wouldn’t be getting big bonuses but apparently not : An official in the Obama administration said Saturday that Treasury ...
Congress Looking at New Taxes on AIG Bonuses
washingtonpost.com 3/17/2009 — Washington Post Staff Writers Tuesday, March 17, 2009; 2:25 PM