Obama’s stimulus bill protects the AIG bonuses

By: Dan Spencer (Diary)  |  March 18th at 07:07 AM  | 

What outrageous crocodile tears. President Obama feigns choked up anger and Democrat Congress critters bloviate and threaten confiscatory taxes. It is all an act — an attempt to cover one’s posterior. The Associated Press reports the Obama administration and members of Congress have known for months that American International Group was getting ready to pay huge bonuses while surviving on taxpayer bailouts: It wasn’t until | Read More »

Obama Received a $101,332 Bonus from AIG

By: Dan Spencer (Diary)  |  March 17th at 01:44 PM  | 

Senator Barack Obama received a $101,332 bonus from American International Group in the form of political contributions according to Opensecrets.org. The two biggest Congressional recipients of bonuses from the A.I.G. are – Senators Chris Dodd and Senator Barack Obama. The A.I.G. Financial Products affiliate of A.I.G. gave out $136,928, the most of any AIG affiliate, in the 2008 cycle.  I would note that A.I.G.’s financial | Read More »