Joined Jan 2009
L1: Learner
Forum Thread
Barack Obama received a $101,332 bonus from AIG
March 18, 2009 at
07:27 AM
Examiner.com
http://www.examiner.co
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 products division is the unit that wrote trillions of dollars worth of credit-default swaps and "misjudged" the risk.
The Washington Post reports a "mob effect" at A.I.G financial products division:
With the anger and rage that is being exhibited against A.I.G., perhaps the bonuses Obama received from A.I.G. explain Obama's A.I.G crocodile tears.
Now that the Wall street Journal has revealed that A.I.G. paid bonuses of $1 million or more to 73 employees, it's time to ask if recipients of A.I.G. "bonuses," including President Obama, will give what now ought to be taxpayer money back?
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 products division is the unit that wrote trillions of dollars worth of credit-default swaps and "misjudged" the risk.
The Washington Post reports a "mob effect" at A.I.G financial products division:
With the anger and rage that is being exhibited against A.I.G., perhaps the bonuses Obama received from A.I.G. explain Obama's A.I.G crocodile tears.
Now that the Wall street Journal has revealed that A.I.G. paid bonuses of $1 million or more to 73 employees, it's time to ask if recipients of A.I.G. "bonuses," including President Obama, will give what now ought to be taxpayer money back?
Add a Comment
Sorry, this thread is closed.
About the OP
121 Comments
Your comment cannot be blank.
Sign up for a Slickdeals account to remove this ad.
I'm willing to bet Bush's administration took contributions as well btw.
Sign up for a Slickdeals account to remove this ad.
McCain - $154,700
Obama - $496,786
I'm willing to bet Bush's administration took contributions as well btw.
Sure, everyone takes them but they do not publicly attack the company afterwards.
Sure, everyone takes them but they do not publicly attack the company afterwards.