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Posted on March 16, 2009 | tags

 
 

U.S.: Steam is coming out of Barack Obama’s ears over AIG

  • Under these circumstances, it’s hard to understand how derivative traders at AIG warranted any bonuses, much less $165 million in extra pay.
  • Barack Obama • On the bonuses AIG is about to pay its investors. The outrage is heating up by the day, as you might guess; Obama wants his treasury secretary to pursue “every legal avenue” to prevent the bonuses from coming out. • source