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U.S. Politics Archive
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AIG Questioned on Billions in Bank Payouts
Posted on March 27, 2009 | No CommentsThe insurance giant AIG is facing new Congressional and legal scrutiny over how it funneled tens of billions of dollars in taxpayer bailout money to banks facing huge losses that... -
Citigroup to Spend $10M on Exec Offices
Posted on March 20, 2009 | No CommentsThe bailed-out financial giant Citigroup meanwhile is coming under scrutiny for a ten million dollar plan to build new offices for top executives. Citigroup has received $45 billion dollars under... -
AIG Sues for Return of $300M in Taxes
Posted on March 20, 2009 | No CommentsAs AIG faces the loss of its bonuses, it’s quietly filed a lawsuit to recoup more than $300 million dollars in what it says are overpaid taxes. The company says... -
Seeking Return of AIG Payouts, House OKs Tax on Bonuses
Posted on March 20, 2009 | No CommentsThe House has overwhelmingly approved a measure to recoup taxpayer money by imposing a 90 percent tax on bonuses paid to employees at the insurance giant AIG. The tax would... -
Bonus Protections Added to Stimulus Bill at Admin’s Request
Posted on March 19, 2009 | No CommentsThere are now questions surrounding Treasury officials and lawmakers for political maneuvering that effectively authorized the executive bonuses with the passage of the stimulus bill last month. Democratic Senator Ron... -
AIG Bailouts: Is there a legal solution
Posted on March 18, 2009 | No CommentsCan we get our money back?? Visit msnbc.com for Breaking News, World News, and News about the Economy Turley: And I think part of the anger here really shouldn’t be... -
AIG to Pay Out $450 Million More in Bonuses Part 2
Posted on March 16, 2009 | No CommentsObama’s response. Visit msnbc.com for Breaking News, World News, and News about the Economy -
AIG to Pay Out $450 Million More in Bonuses
Posted on March 16, 2009 | 2 CommentsHELL NO…NO MORE MONEY TO AIG. WTF, this is crazy. The failed insurance giant AIG is preparing to pay out $450 million in bonuses to top executives and other employees...