AIG: American International Greed
March 17, 2009
Over the weekend, details surfaced that insurance giant AIG (American International Group), which accepted $170 billion in bailout funds, will give $165 million in bonuses to the very executives that almost bankrupted the company. President Obama cited AIG’s “recklessness and greed” and vowed that his administration will do what it can to stop payment of these bonuses. AIG has stated that it is contractually obligated to pay these bonuses. click here for limerick
Enter your email address below to