Obama Expressed Outrage Over AIG Bonuses

Moreover, New York Attorney General Andrew Cuomo said he will subpoena the company for more information, including the names of those enriched by the bonuses. Cuomo also told reporters during a conference call that he believed the bonus payments were paid last Friday. He is pressing on the immediate release of the information to determine whether any of the individuals receiving such payments were involved in the conduct that led to AIG’s demise and subsequent bailout. AIG spokeswoman Christna Pretto reports that they are in contact with the attorney general and will respond appropriately to the subpoena. Earlier, AIG claimed that its hands were tied contractually over $165 million in bonuses due to AIG employees on Sunday.
Shouldn’t they be grateful enough they still have a job while almost 4 million Americans are already unemployed? Insisting on bonuses milked from taxpayers is indeed an outrage when millions are now temporarily depending on welfare to survive.
Tags: AIG bail out, AIG bonuses, Andrew Cuomo, Obama on AIG, Obama outrage over AIG bonus













