AIG weekly recap – history, bonuses, Congress and outrage

By Steve McGough | March 20, 2009

I certainly hope that this will not turn into a weekly feature, but the amount of news, sound bites, and heated rhetoric pouring in from every direction resulted in Jim and myself electing to take a knee for the past 48 hours when it comes to posting AIG articles. That said, we’re slowly putting our…

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Oh what a tangled web we weave …

By Jim Vicevich | March 18, 2009 |

First make a law … then implement it … then express outrage when it is … mix it up and you get … The $165 million AIG bonus flap that has caused outrage around the nation has its roots in a provision of Connecticut labor law that political leaders say needs to be changed. The…

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Dodd Under Fire For Allowing Bonuses-Video-Update: Dodd Responds

By Jim Vicevich | March 17, 2009 |

The NY Times is reporting (paragraph 16) that Chris Dodd included an exemption for bonuses like the ones given AIG in the February stimulus bill … I thought about adding this to Steve’s post on the Democrats going after Rob Simmons but this story is becoming bigger by the minute. The administration official said the Treasury…

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