news.yahoo.com - 3/16/2009
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AP - Joining a wave of public anger, President Barack Obama blistered insurance giant AIG for "recklessness and greed" Monday and pledged to try to block it from handing its executives $165 million in bonuses after taking billions in federal bailout money.
nytimes.com - 3/17/2009
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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
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A Compelling Message Of Personal Responsibility
JustOneMinute —
Here is White House press flack Robert Gibbs explaining Obama's belated posturing on the AIG bonuses: Right. This is from the Administration that appointed tax cheat Tim Geithner to head the Treasury, inspired no doubt by his marvelous success at the NY Fed, where he had ...
BRING BACK THE STOCKS!
Right Wing Nut House —
... the liberal Democrats as a warning to other lawmakers that being a hypocrite actually can cost you. There is no shortage of potential candidates for the stocks in this business. How about the CNBC cheerleaders who rah-rahed the economy even when it was tanking? And there are a few Obama White House figures - press secretary Robert Gibbs comes to mind - who I personally would love to give a healthy thwack across the soles of his feet with a two by four. And the President? Joining a wave of public anger, President Barack Obama blistered insurance giant AIG for “recklessness ...
From the Pub: “Congresscritters and AIG”
protein wisdom —
It would seem that in addition to now railing against outrageous bonuses guaranteed in a package he supposedly put together (or at least reviewed ), our esteemed President was the past recipient of a rather tidy sum from AIG. But no worries. He’s on the case now, Obama is, having recovered his mojo. Or at least, that’s what the JournoList wants us to think. Just as Barney Frank is going to fix Fannie and Freddy — even though this is the same guy who assured us it wasn’t broken, and was among those insisting that it’s critics were really just secret ...
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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.”
Obama seeking ways to block AIG bonuses
msnbc.msn.com 3/16/2009 — The government will "pursue every legal avenue" to block millions of dollars in bonus payments for American International Group Inc. executives, President Barack Obama said.
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...
Obama's Outrage: President Wants Treasury to Block to AIG Bonuses
abcnews.go.com 3/16/2009 — President Obama publicly fumed today over plans by the bailed-out insurance giant AIG to reward it executives with $165 million worth of bonuses and asked his treasury secretary to "pursue every single legal avenue" to block them. "This is a ...
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.
Obama vows to stop AIG bonuses
swamppolitics.com 3/16/2009 — by Frank James
President Barack Obama reacted angrily today to reports that American Insurance Group employees received $165 million in bonuses even as the giant insurer was being sustained by billions of dollars of taxpayer money, saying he would ...
Insurance giant AIG agrees to restructure bonuses
(AP)
news.yahoo.com 3/15/2009 — AP - American International Group is paying out millions of dollars in executive bonuses to meet a Sunday deadline. But the troubled insurance giant has agreed to administration demands to restrain future payments.
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 ...
Team Obama outlines small business help —
First Read
From NBC's Athena Jones Treasury Secretary Tim Geithner today called on banks to make an extra effort to "serve the larger public good" by making loans available to creditworthy borrowers, as he and the president announced a plan to help small ...
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