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corner.nationalreview.com - 3/19/2009
More Thoughts on the AIG Bonuses
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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 furor on the Hill and in much of the press ...
Treasury Learned of AIG Bonuses Earlier Than Claimed
time.com - 3/18/2009
Treasury Learned of AIG Bonuses Earlier Than Claimed
— time.com — Although Treasury Secretary Timothy Geithner told congressional leaders on Tuesday that he learned of AIG's impending $160... million bonus payments to members of its troubled financial-products unit on March 10, sources tell TIME that the New York ... (more) Treasury Learned of AIG Bonuses Earlier Than Claimed

Comments vote down Hot Air » Top Picks found this 3/18/2009found this
First, they came for AIG bonuses
michellemalkin.com - 3/19/2009
First, they came for AIG bonuses
— michellemalkin.com — The House is set to vote today on the retroactive, confiscatory 90 percent tax on bailout-funded bonuses.... [...] Read the rest » (more) First, they came for AIG bonuses

Comments vote down The Mahablog found this 3/19/2009found this
news.yahoo.com - 3/19/2009
AIG bonuses: Some repaid, Congress to vote on tax (AP)
— news.yahoo.com — AP - Under intense pressure from the Obama administration and Congress, the head of bailed-out insurance giant... AIG declared Wednesday that some of the firm's executives have begun returning all or part of bonuses totaling $165 million. (more) AIG bonuses: Some repaid, Congress to vote on tax (AP)

Comments vote down Think Progress found this 3/19/2009found this

Blog Reactions

TigerHawk:  Kabuki dance

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Blog Reactions

Kabuki dance
TigerHawk — I agree with this bit of superficiality : Ed Liddy sized up this situation when he got to AIG and came to the conclusion that the best course for taxpayers and for the financial system was to pay the bonuses. This gets back to something I wrote earlier: If Obama disagrees with Liddy's decision, he should either A) fire Liddy, or B) fire the guy who hired Liddy (Tim Geithner). What he should not do is go along with this Kabuki outrage, in which official Washington pretends it had no idea that big financial institutions — especially failing ones — might need to keep paying their ...

Related Content
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 ...
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...
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 ...
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...
Congress Looking at New Taxes on AIG Bonuses
washingtonpost.com 3/17/2009 — Washington Post Staff Writers Tuesday, March 17, 2009; 2:25 PM
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 ...
Obama: Block AIG bonuses
politico.com 3/16/2009 — Obama says he'll “pursue every legal avenue to block these bonuses and make the American taxpayers whole.”
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?