We have Circus they have 3 million protesters!

ARTICLE SUMMARY
1.AN ANGRY MIDDLE CLASS ERUPTS!
2.WOULD A MILLION WORKERS PROTEST ECONOMICS IN U.S.?
3.US MIDDLE CLASS OUTRAGED ABOUT THE BAILOUT BONUS, ARE THERE PROTESTS? 4.MIDDLE CLASS SAYS DEFEND US FROM ECONOMIC HARM
5.PROFESSIONALS AND TEACHERS JOIN IN...
6.RAISE THE MINIMUM WAGE AND BENEFITS
7.WHY IS OUR GOVERNMENT NOT DOING MORE?
8.WE CANNOT FEED OUR CHILDREN
9.UNEMPLOYMENT IN PRIVATE SECTOR GOING UP...FAST
10.FRENCH GOVERNMENT BAILS OUT THE WORKER LESS THAN THE BUSINESSPERSON
11.US STUNNED BY THE GREED OF WALL STREET
12.LEADERS DEMAND MORE FOR THE MIDDLE CLASS LESS FOR THE ECONOMIC RULING CLASS
13.THREE MILLION PEOPLE DEMONSTRATE
14.THE PROTEST COULD WIDEN
15.FRANCE IS DIFFERENT
16.FRENCH CITIZENS COMMENTS
17.WHAT IS HAPPENING IS WRONG
18.WHY IS A CITIZEN STRIKE NECESSARY?
19.HAPPY PROTESTING
20.IT’S THE MONEYED PEOPLE
21.PEOPLE RIOT WHEN THEY HAVE NO BREAD
22.AMERICANS UPSET OVER A PARAGRAPH ALLOWING THE BAILOUT BONUS
23.IT’S THE FAULT OF BIG GOVERNMENT
24.ENOUGH IS ENOUGH WE ARE MAD AS...AND NOT GOING TO TAKE IT ANY LONGER 25.UNITED STATES SHOULD LOOK TO THE FUTURE
26.AMERICAN TAXPAYER WANTS HEADS TO ROLL POLITICALLY FOR THE BAILOUT BONUS?..WHO ...WHO.....WHO IS AT FAULT? IS IT DODD?
27.DODD ON DEFENSIVE "This political circus that's going on here today with this bill is not getting to the bottom of the questions of who knew what and when did they know it,"


GOOD MORNING FLINT! 3/19/09 By Terry Bankert

AN ANGRY MIDDLE CLASS ERUPTS! More than a million French workers staged a general strike and marched in demonstrations across the country Thursday in a second round of protests against the government's response to the world economic crisis.[1]

WOULD A MILLION WORKERS PROTEST ECONOMICS IN U.S.? The rallies, which, according to polls, are backed by three quarters of the French population, reflect growing disillusion with Sarkozy’s...[FRENCH PRESIDENT]... reforms as tens of thousands of jobs are lost to the downturn.[4]

US MIDDLE CLASS OUTRAGED ABOUT THE BAILOUT BONUS, ARE THERE PROTESTS? Treasury Secretary Timothy Geithner confirmed yesterday that his department urged Sen. Chris Dodd to water down the executive-bonus limits included in last month's stimulus bill, a move that allowed the payment of $165 million in bonuses to American International Group employees.[6]

MIDDLE CLASS SAYS DEFEND US FROM ECONOMIC HARM The protests, which drew substantially more people into the streets than a similar outpouring Jan. 29, were depicted by union leaders as part of a sustained campaign to pressure President Nicolas Sarkozy to do more to defend French people against the economic upheaval that has unfurled across the planet since the fall. [1]

PROFESSIONALS AND TEACHERS JOIN IN... Teachers and doctors protested against his long-standing reform plan, saying public-sector job cuts would kill schools and hospitals. University staff are continuing their seven-week strike against higher education reform with sit-ins and occupations. [2]

RAISE THE MINIMUM WAGE AND BENEFITS In particular, they called on him to raise low-end wages and unemployment benefits and to make it harder for business leaders to fire employees when profits sink. [1]

WHY IS OUR GOVERNMENT NOT DOING MORE? "I cannot believe the government will stay immobile in the face of a phenomenon of this size," Bernard Thibault of the General Labor Confederation said on the government's France 2 television. [1]

WE CANNOT FEED OUR CHILDREN More than 90,000 French workers joined the ranks of the unemployed in January, pushing the total to 2.2 million and leading economists to estimate the unemployment rate at 8 percent. In addition, an increasing number of factories have put workers on part-time schedules, drastically reducing their pay and increasing fears of more layoffs. [1]

UNEMPLOYMENT IN PRIVATE SECTOR GOING UP...FAST Private-sector employees, including supermarket cashiers, bank clerks and car workers, took to the street over poor pay, factory closures and the return of a traditional French scourge: unemployment, now rising at its fastest rate in 10 years. [2]

FRENCH GOVERNMENT BAILS OUT THE WORKER LESS THAN THE BUSINESSPERSON In reaction, Sarkozy's government last month announced $3.2 billion worth of aid, including extended unemployment benefits, tax breaks for the poor and a one-time payment of $650 to unemployed youths who were not on the job long enough to qualify for unemployment checks. But the bulk of his $33 billion in anti-crisis spending has gone to buttress the finances of threatened banks and stimulate the flow of credit to needy businesses.[1]

US STUNNED BY THE GREED OF WALL STREET Obama told host Jay Leno that the payments raised moral and ethical problems — and that the administration was going to do everything it could to get the money back.But Obama added that the bigger problem is the culture that allowed traders to claim them.He said that has to change if the economy is to recover.[5]

LEADERS DEMAND MORE FOR THE MIDDLE CLASS LESS FOR THE ECONOMIC RULING CLASS Union leaders have denounced Sarkozy's aid to workers as half-measures that betray an inability to understand the feelings of insecurity and unfairness spreading through the working-class population. Prime Minister François Fillon, in a television appearance after the protests, acknowledged workers' concerns as legitimate but noted that the crisis was worldwide and said the French government would be irresponsible if it promised more spending now. [1] "Certainly not a new stimulus plan," he added. [1]

THREE MILLION PEOPLE DEMONSTRATE Unions said 3 million people participated in the demonstrations; police put the number at 1.2 million. In Paris, where the largest protest took place, marchers seemed enraged by what they said was Sarkozy's political bias toward the rich. France's bankers and businessmen have been granted expensive government subsidies to avoid bankruptcy, they said, while workers have been asked to make do with less money in their pay envelopes.[1]

THE PROTEST COULD WIDEN The government is concerned about the increasingly radical nature of protesters, with Sony factory workers holding a chief executive hostage over redundancies last week. Some French protesters are looking to the French Caribbean island of Guadeloupe, where a six-week general strike and one death eventually forced the government to back down and raise wages. [2]

FRANCE IS DIFFERENT With its large public sector, generous welfare system and rigid banking system, France has not yet suffered as acutely as Britain or Spain from the financial crisis. But a wave of mass redundancies sparked the protests. [2]

FRENCH CITIZENS COMMENTS I am not happy about the crooks in the banks who receive lots of money. I oppose the government of President Nicolas Sarkozy. I don't like him, he is very right-wing. He is part of a gang of rich people and he doesn't care about the poor people. [3] I always strike when I have the opportunity. It's the law of democracy to oppose. It's a good thing. Here in France, we are doing what others, like those in the US and the UK don't want to do. We want to stop this kind of capitalism. [3]

WHAT IS HAPPENING IS WRONG "There is a feeling of injustice," said Jean-Jacques Abekassi, 49, an employee of the Paris Chamber of Commerce and union activist who marched down the Rue du Temple under a warm sun. "We need a general rise in salaries and a better distribution of wealth in this country." [1]

WHY IS A CITIZEN STRIKE NECESSARY? I do feel that this strike is necessary. The number of poor people in our city is increasing in a crazy way. People on low income can hardly afford to pay the rent. [3] Those working in the arts and culture have so many reasons to strike. I personally plan to leave France to find better opportunities as a musician abroad. [3] Our research and educational system is falling into pieces and it's a shame. Researchers and university lecturers work in appalling conditions. [3]

HAPPY PROTESTING Despite the rancor on their banners, most marchers seemed cheerful in the spring weather as they marched and shouted anti-capitalist slogans. They moved past the house where Gustave Flaubert, author of "Madame Bovary," lived in the 19th century; they walked by the Kunga Tibetan restaurant, from where three Tibetans peered out at a raucous phenomenon that their countrymen left behind under Chinese rule were unlikely to witness any time soon; and they spilled into the Place de la Bastille, where street protesters kicked off the French Revolution in 1789 by tearing open a royal prison tower. [1]

IT’S THE MONEYED PEOPLE Claudine Chettab, 54, who was just laid off after 28 years as a purchasing agent, came from the Paris suburbs to join the show of outrage. Her firm was laying off people, she said, "because the financiers stuffed their pockets and never invested anything in the company when times were good." [1]

PEOPLE RIOT WHEN THEY HAVE NO BREAD To drive home her complaint, Chettab carried a handwritten banner paraphrasing Marie Antoinette, the insouciant queen of Louis XVI who was told the Paris poor were rioting because they had no bread. "When we have no more bread, we will eat cake," it read. [1] After the last general strike in January, Sarkozy moved to defuse tension by introducing certain tax cuts and welfare payments for the poorest families. Unions said it was not enough, but the president's advisers this week said there would be no more immediate measures. [2] "Sarkozy says there's no money for the public sector, that state coffers are dry, then he miraculously finds money to bail out the car industry," said Olivier Langillier, a nurse at the Paris march.[2]

AMERICANS UPSET OVER A PARAGRAPH ALLOWING THE BAILOUT BONUS A clause in the $787-billion economic stimulus plan approved by Congress last month capped bonuses for executives at companies getting federal bailout aid. But a one-paragraph provision tucked into the thick bill modified the cap to apply it only to future bonuses, not those already legally contracted.[6]

IT’S THE FAULT OF BIG GOVERNMENT It's the public sector, which lives off the back of the fantastic, competent and diligent workers in the private sector, that is on strike. In other words, the government is striking against the government, as absurd as it may sound. [3] France is run by civil servants and all they think of is their salaries, holidays, weekends and who's going to pay for lunch. [3] This country will never improve until power is taken from the parasitic civil service and put back into the hands of the people and their elected officials. [3] But François Fillon, the French Prime Minister, ruled out any further stimulus packages. [4]

ENOUGH IS ENOUGH WE ARE MAD AS...AND NOT GOING TO TAKE IT ANY LONGER "It was the measures taken to aid recovery that have doubled the budget deficit this year," he said. "I think the French people understand we cannot go any further. Not only would it be a big mistake for future generations, but it would also prevent the recovery." [4]

UNITED STATES SHOULD LOOK TO THE FUTURE But he said too many in Washington were trying to figure out whom to blame for things — when they should be focused on fixing them.[5]

AMERICAN TAXPAYER WANTS HEADS TO ROLL POLITICALLY FOR THE BAILOUT BONUS?..WHO ...WHO.....WHO IS AT FAULT? IS IT DODD? As the House readied legislation to crack down on the outrage-inspiring bonuses, Dodd, a Connecticut Democrat who chairs the Banking Committee, and Geithner appeared at odds over who was really responsible for Congress' failure to prevent them in the first place.[6]

DODD ON DEFENSIVE Dodd, on the defensive over a loophole that enabled the bonuses to go forward, claimed the Obama administration insisted he modify his proposal to rein in bonuses at companies getting billions of dollars in financial bailouts so that it would only apply to payments agreed to in the future - thus clearing the way for the AIG payouts.[6] Dodd told reporters he agreed to the changes "in order to preserve the amendment."[6] "This political circus that's going on here today with this bill is not getting to the bottom of the questions of who knew what and when did they know it," said House Republican LeaderJohn Boehner of Ohio.[6]

Posted Here by Terry Bankert 3/19/09

You are invited to continue this discussion on my Face Book Page. http://www.facebook.com/people/Terry-Bankert/645845362

Update: Mayoral Debate Hosted by Genesee County Democratic Party 4/30/09 http://gcdpdebate.wordpress.com/


-sources [1] http://www.washingtonpost.com/wp-dyn/content/article/2009/03/19/AR2009031900804.html?hpid=sec-world [2] http://www.guardian.co.uk/world/2009/mar/20/nicolas-sarkozy-france-protests [3] http://news.bbc.co.uk/2/hi/europe/7953429.stm [4] http://www.euronews.net/2009/03/20/sarkozy-under-pressure-after-french-protests/ [5] http://www.kansascity.com/news/nation/story/1096658.html [6] http://www.newsday.com/business/ny-bzbonu206076078mar20,0,5660097.story

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Yes we can.....

YES we can, Yes we can, Yes we can...get our money back... http://www.flickr.com/photos/30366181@N05/sets/72157615436928173/show/

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The Chinese would shoot the creeps!

GOOD MORNING FLINT!
3/17/09
By Terry Bankert
http://attorneybankert.com/

Open a window and shout "We are mad as hell and we are not going to take this any more."

GOOD NEWS- If AIG were Chinese the Executives would be shot.

BAD NEWS -Its an American Company.

GOOD NEWS-A Congressmand said they should resign or committ suicide!

AIG Bonuses: What Can the White House Do? Obama Urges Treasury to Use Leverage and All Legal Means to Recover AIG Bonuses[1]

YES WE CAN ,YES WE CAN, YES WE CAN.

The U.S. Treasury will modify a planned $30 billion capital infusion for American International Group (AIG.N) to try to recoup hundreds of millions of dollars in controversial bonuses paid by the insurer, a Treasury official said on Monday[3]

President Obama moved to the front of a growing line of government officials and taxpayers who are furious that the insurance giant AIG agreed to pay $165 million in bonuses after taking more than $170 billion in taxpayer money to stay afloat. [1]

NATIONAL OUTCRY..WE WANT OUR MONEY BACK

Channeling the populist outcry, Obama vowed to do whatever he could to recover the AIG bonuses, calling them a fundamental violation of American values. He urged Treasury Secretary Timothy Geithner to use his leverage and legal avenues to rectify the situation. [1]

SOME SAY THE OUTRAGE IS THE POLITICIAN RUNNING FOR COVER

President Obama joined yesterday in the clamor of outrage at AIG for paying some $165 million in contractually obligated employee bonuses. He and the rest of the political class thus neatly deflected attention from the larger outrage, which is the five-month Beltway cover-up over who benefited most from the AIG bailout.[8]

PURSUE EVERY LEGAL AVENUE

"I've asked Secretary Geithner to use that leverage and pursue every single legal avenue to block these bonuses and make the American taxpayers whole," Obama said. [1]

CAN WE GET OUT MONEY BACK?

At issue is whether the government can recover the money. Sunday was the deadline for paying the bonuses. [1]

JUST WHO ARE THESE PEOPLE

Separately, state Attorney General Andrew Cuomo said he will subpoena the names of AIG officials involved and copies of their employment contracts to determine whether the bonuses are legal, given the firm's weak finances.[6]

AIG paid $165 million in bonuses to 400 executives in its financial-products unit over the weekend under employment contracts negotiated last summer, before the full force of the crisis in financial markets broke around the globe[7]

YES,CONGRESS CAN IMPOSE A 100% TAX

Rep. Carolyn Maloney D-N.Y, the chair of the Joint Economic Committee, is also calling for a 100 percent tax on bonuses not related to commissions. [2]


THEIR PAMPERED HANDS ARE TIED, WELL OUR CALLOUSED HANDS ARE AT THEIR THROATS

AIG CEO Edward Liddy wrote a letter to Treasury Secretary Tim Geithner Saturday explaining that "AIG's hands are tied" regarding the $165 million in bonuses and that "there are serious legal, as well as business, consequences for not paying." [1]

WHY ARE THEY GIVING IT TO THEM

AIG traders were promised fat bonuses. And Liddy--who was brought in to clean up the mess the traders and product managers made--has decided the bonuses must be paid. Outside lawyers have told him so.[4]

Now we can debate why A.I.G. felt it necessary to guarantee seven executives at least $3 million apiece when the economy was clearly on shaky ground. Perhaps we will find out these contracts were a bit of sleight of hand to enrich executives who knew this financial Titanic had hit the iceberg. But another possible explanation is that A.I.G. knew it needed to keep its people.[6]
That is the explanation offered by Edward M. Liddy, who was installed as A.I.G.’s chief executive when the government effectively nationalized the company last fall. (He is being paid $1 a year.)[6]

JUST WHOSE FAULT IS IT?

The politicians also prefer to talk about AIG's latest bonus payments because they deflect attention from Washington's failure to supervise AIG. The Beltway crowd has been selling the story that AIG failed because it operated in a shadowy unregulated world and cleverly exploited gaps among Washington overseers. Said President Obama yesterday, "This is a corporation that finds itself in financial distress due to recklessness and greed." That's true, but Washington doesn't want you to know that various arms of government approved, enabled and encouraged AIG's disastrous bet on the U.S. housing market.[8]

YES-FORC E THEM INTO BANKRUPTCY, THERE WILL BE A 6 MONTH LOOK BACK, THEN GO GET IT

It turns out that the leverage of future bailout money may be a far more powerful tool for the administration than legal action. However outrageous, the contracts are legally binding. [1]

YES-FIRE THEM ON THE SPOT BEFORE THE BONOUS OR LOSE THE COMPANY

Liddy likely has the power to fire AIG's bonus babies on the spot. Employed as they are on at at-will basis, he can simply let the whole lot of them go, say compensation experts familiar with AIG's structure.[4]

It's true the times have changed since those employments contracts were written in early 2008. Schaumburg-based Motorola, Continental Airlines and Applied Materials are among struggling companies where top executives are ripping up their contracts and giving back pay. A growing number of companies are reclaiming bonuses from executives who puffed up financial results.[4]A move against the bonus babies at AIG would merely be an extension of a trend.[4]

WHEN A BANK EXECUTIVES LIPS ARE MOVING ITS LYING

But there is one very small catch: the so-called "clawback option" that comes with government TARP money. The government can literally claw back bonus money, but only when it can prove executives lied about bank financing or knowingly took excessive risk. [1]

CONGRESS HAS TO GET THE MONEY BACK, THEY LET IT GO.

Compensation consultant James Reda says he has never seen it work. "To actually 'clawback' the money that's been paid is very difficult to do," said Reda, author of "Pay to Win." [1]

BREAK THE AIG CONTRACTS

Asked if he'd favor trying to see if those AIG contracts could be broken so the government could recover some of those payouts, Rep. Barney Frank, chairman of the House Financial Services Committee, stopped short of endorsing the idea. But he said "that's something that has to be examined."[5]

WE WILL NOT KNOW IF WE CAN DO IT UNLESS WE TRY

"I would want to know the consequences of not paying those debts," Frank, D-Mass., told The Associated Press.[5]

NO MORE TO AIG LET THEM FAIL

Still, taxpayers have already spent $170 billion on AIG. And the Obama administration pledged an additional $30 billion to AIG two weeks ago. The White House hinted today that future help could depend on what ultimately happens with the bonuses. [1]

OBAMA HAS TO THROW AIG IN THE TRASH HEAP AND GET OUR MONEY BACK.

"President Obama has to be the umpire," said Robert Johnson, former chief economist for the Senate Banking Committee. "He needs to the set a precedent that Wall Street doesn't set the tune." [1]

IF THEY CAN BREAK A UNION CONTRACT WE CAN BREAK AN EXECUTIVE KNUCKELS, GIVE US OUR MONEY BACK

Many analysts point to the auto industry, where federal help came with a catch, breaking open those longtime union contracts. [1]

TAX THE CREEPS

As public and political outrage grows over $165 million AIG paid as bonuses to executives while taking billions in taxpayer dollars, an idea is germinating in Congress. If you cannot get the money back, tax the bonuses.[2]

WRITE A NEW TAX PROVISION

"It's an idea very much at the embryonic stage," said Senate Banking Committee Chairman Chris Dodd, D-Conn., "You can write a tax provision targeted specifically at 98 percent of the taxable proceeds."[2]
Dodd said that "doesn't violate the terms of the contracts," referring to legally-binding agreements that appear to preclude government action.[2]

DON’T ASK AIG, TAKE IT FROM THEM. THEY ARE THE SAME PEOPLE WHO HAVE NO MERCY ON THE AUTO WORKERS.

"The autoworkers are being asked to turn back some of what they are making," said Gretchen Morgenson, a New York Times columnist. "I think the same can now be asked of AIG." [1]

RETENTION PAY! IN THIS MARKET JUST WHERE WILL THEY GO.

Also, some experts say that the idea of "retention" pay, or giving bonus to keep talent on board, is unjustified in these uncertain times. Many say that the government could legitimately make such a case, especially when AIG just posted a $61 billion loss. [1]

"If they want to quit, then let them quit," Johnson said. "As simple as that." [1]

THEY USED OUR TAX MONEY TO GIVE THEMSELVES BONUSES

Many critics made a similar point today: If the government hadn't bailed out AIG in the first place, there would have been no bonuses.[1]
100% TAX

Rep. Carolyn Maloney D-N.Y, the chair of the Joint Economic Committee, is also calling for a 100 percent tax on bonuses not related to commissions. [2]

In a letter she distributed to fellow legislators for co-sponsorship, Maloney introduces legislation that will instruct the Treasury and the Internal Revenue Service to develop guidelines that tax at 100 percent any bonus compensation that is not directly related to a commission for any recipient of TARP funds where the government is the majority owner of the company.[2]

"For a company that has required $170 billion in U.S. taxpayer assistance and is 80 percent owned by the United States government, this is clearly unacceptable," said Maloney.[2]

AND THE LEGAL BEAGLES SAY....

Obama didn't specify a possible legal strategy for blocking the payments. However, Cuomo said he was investigating whether the employment contracts cited by AIG were legally flawed - technically "fraudulent" - under state debtors and creditors law. They would be, he said, if AIG management knew when it signed them that weak finances would render them unable to pay the bonuses without outside help. Contracts can be renegotiated, he said, adding, "You could argue that if the taxpayers didn't bail out AIG those contracts would be worth the paper they're printed on."[6]

Experts in corporate law said the Obama administration has an important advantage in the controversy. In return for the bailout, the government now owns 80 percent of the company. "They're the big dog in the room now and can put some leverage on AIG to straighten this out," said attorney Jim Ervin, a partner at Benesch, Friedlander, Coplan & Aronoff Llp in Ohio.[6]

Attorney Ross Albert, a partner at Morris Manning & Martin Llp of Atlanta, said it's difficult to be specific about the government's options without seeing the contracts in question, but added, "If the bonus is based on achieving some bench mark and it turns out the bench marks achieved were through accounting hocus-pocus, not reality, they wouldn't even have a legal right to this bonus," Albert said.[6]

But Stephen Breitstone, a tax specialist in the Mineola law firm Meltzer, Lippe, Goldstein & Breitstone Llp, said the law Cuomo cited is intended for cases where companies facing bankruptcy are seeking to keep money away from creditors by giving it to employees or others. "If he can prove that's what this is, that's a pretty bold accusation," Breitstone said.[6]

Labor and employment attorney Carmelo Grimaldi, who works with Breitstone, said, "I think the government is going to have a difficult situation given the fact that these contracts were made. If they provide for bonuses, AIG faces a breach of contract if they don't pay these bonuses."[6]


DO NOT GIVE THEM ANY MORE MONEY

The Treasury is finalizing the terms of its latest rescue package for AIG, announced on March 2, and will attach new provisions to it, the official said. The company was due to pay $165 million in employee retention bonuses by Sunday to employees of AIG Financial Products, the unit that made bad bets on toxic mortgages and credit default swaps.[3]

The official, who spoke on condition of anonymity, said the Treasury was considering several repayment arrangements aimed at giving the money back to taxpayers. (Reporting by David Lawder; Editing by Leslie Adler)[3]

ON THE OTHER HAND

The government agreed to uphold those contracts when it seized control of American International Group in September. It argued that failing to repay the debts of the globally interconnected company could cause catastrophic losses at big international banks, potentially toppling the financial system.[5]

The Washington crowd wants to focus on bonuses because it aims public anger on private actors, not the political class. But our politicians and regulators should direct some of their anger back on themselves -- for kicking off AIG's demise by ousting Mr. Greenberg, for failing to supervise its bets, and then for blowing a mountain of taxpayer cash on their AIG nationalization.[8]

Whether or not these funds ever come back to the Treasury, regulators should now focus on getting AIG back into private hands as soon as possible. And if Treasury and the Fed want to continue bailing out foreign banks, let them make that case, honestly and directly, to American taxpayers.[8]


AND THEN ANOTHER HAND

"If you're in Las Vegas, and you leave the casino to go play craps with a bunch of people on an alley way, you shouldn't be able to go to the state and ask for your money back," said Barry Ritholtz, a financial analyst and author of "Bailout Nation: How Corrupt Money Shook Wall Street."[5]

BITING THE HAND THAT FEEDS THEM

"How do they justify this outrage to the taxpayers who are keeping the company afloat?" Obama asked.[6]

Posted Here by
Terry Bankert
3/17/09
You are invited to continue this discussion on my Face Book Page. http://www.facebook.com/people/Terry-Bankert/645845362


Sources...
[1]
http://abcnews.go.com/Business/story?id=7097000&page=1
[2]
http://www.foxnews.com/politics/2009/03/16/tax-aig-executive-bonuses-dodd-says/
[3]
http://www.reuters.com/article/americasRegulatoryNews/idUSWAT01115720090317
[4]
http://www.chicagotribune.com/business/chi-greising-aig-liddy-mar16,0,4836148.story
[5]
http://www.google.com/hostednews/ap/article/ALeqM5hA1jnv7991tSy_WtaI5DEow0DKMAD96VD3AG0
[6]
http://www.newsday.com/business/ny-bzaig176072311mar17,0,2024512.story
[7]
http://www.philly.com/inquirer/business/20090317_Outrage_on_AIG__but_options_less_clear.html
[8]
http://online.wsj.com/article/SB123725551430050865.html?mod=googlenews_wsj

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