Results 1 - 10 of about 5,880,000 for Dear Republican Friend, Amidst all the outrage being expressed about the bonuses awarded by American International Group (A.I.G.), I wanted to call your attention to this clip from CNN News yesterday. Senator Chris Dodd (D-CT), Chairman of the Senate Banking Committee, placed an amendment in the “stimulus” bill that allowed for banks bailed out with taxpayer money - including A.I.G. - to hand out huge bonuses without any government oversight or regulation, as long as those bonuses were issued before February 11. A.I.G. did just that, paying out $165 million in taxpayer-funded bonuses, including more than $1 million each to 73 people, as well as $33.6 million for 52 people who had already LEFT the company. This came AFTER the company received almost $200 billion in taxpayer funds to stay afloat.. (0.78 seconds)
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