AIG Audaciously Issues 165 Million Dollars in Bonus Payments

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Yesterday, Obama administration officials went on TV to deplore the revelation that $165 million in taxpayer dollars will be used for executive bonuses at the failed insurance giant AIG. Today, it was the President himself, who said AIG is in trouble due to “recklessness and greed.” Adam Nagourney is chief national political reporter for the New York Times.

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Warren Olney