On March 16, 2009 the big news story that had many Americans upset was that AIG, who had just received the biggest bailout of all, announced that on that day it was going to pay out 165 million dollars in executive bonuses, to its Financial Products unit. These were the same people at AIG that had screwed things up to the point of needing a government bailout, in order to stay afloat! When Americans get this upset about how their tax dollars are being spent, Congress tries to look busy getting to the bottom of something. Often times, there is a person brought before a House Subcommittee wh...
More..Richard Watkins
Member since: April 2009
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