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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.
All the money going into AIG is being funnelled out to banks, foreign and domestic. AIG is just a clearing house for this Mega-fraud.
Originally posted by drwizardphd
Yeah, they paid him a pretty big campaign donation. Back when he was campaigning.
American International Group Inc's payment of $165 million in bonuses is an "outrage" and ordered the treasury secretary to take all legal measures to block them.
I'm really glad he's the president. And that's not sarcasm, McCain wouldn't have raised a finger.
American International Group Inc's payment of $165 million in bonuses is an "outrage" and ordered the treasury secretary to take all legal measures to block them.
Behind the scenes, Mr. Geithner was the point person for weeks of sleep-deprived Bailout Weekends. It was Mr. Geithner, not Mr. Paulson, for example, who put together the original rescue plan for the American International Group.
Connecticut Sen. Chris Dodd is now pushing the idea of taxing the controversial bonuses for executives at bailed-out insurance giant AIG. But this is the same Dodd who inserted language in the $787 billion stimulus bill that allowed the payment of $158 million in taxpayer-subsidized bonuses.