Tag: bonus payments

The right is making a big deal over a bill the Democrats voted down to “recoup” the bonuses from AIG. Here is the text of the bill: Section 1: The Secretary of the Treasury shall, notwithstanding any other provision of law, implement a plan within the next two weeks to recoup or stay the payment […]

So even though we have given AIG $165 billion of our own money, they can still make massive payouts in the form of bonuses: American International Group is giving its executives tens of millions of dollars in new bonuses even though it received a taxpayer bailout of more than $170 billion dollars. AIG is paying […]