Those AIG bonuses - White House

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blog.seattletimes.nwsource.com - 3/17/2009

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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 disgusted, and will try to block payment. One can ...

slate.com - 3/17/2009

The real scandal at AIG is the not the bonuses. It's the payments to counterparties.

— slate.com — Everybody is rushing to condemn AIG's bonuses, but this simple scandal is obscuring the real disgrace at... the insurance giant: Why are AIG's counterparties getting paid back in full, to the tune of tens of billions of taxpayer dollars? [ more ... ] (more) The real scandal at AIG is the not the bonuses. It's the ...

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blogs.abcnews.com - 3/18/2009

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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Barack Obama

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voices.washingtonpost.com - 3/18/2009

Obama Knew About AIG Bonuses Day Before They Were Paid

— voices.washingtonpost.com — By Scott Wilson President Obama was informed about the $165 million in bonuses due to employees of... the American Insurance Group the day before they were paid out last week, the White House disclosed late Tuesday. Obama has expressed outrage that the ... (more) Obama Knew About AIG Bonuses Day Before They Were Paid

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Barack Obama

Bud Day

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