World-News

Tondai Reinhold, Reuters: "Where, oh where, did AIG's bailout billions go? That question may reverberate even louder through the halls of government in the week ahead now that a partial list of beneficiaries has been published. The Wall Street Journal reported on Friday that about $50 billion of more than $173 billion that the US government has poured into American International Group Inc since last fall has been paid to at least two dozen US and foreign financial institutions."

http://www.truthout.org/030809F

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A.I.G. Planning Huge Bonuses After $170 Billion Bailout
http://www.boston.com/news/nation/washington/articles/2009/03/15/after_170b_us_bailout_aig_to_pay_100m_in_bonuses/



Bailouts for liars, illegal aliens, and undeserved bonuses

OpenMarket.org
by Hans Bader

03/15/09

The insurance giant AIG, which is being bailed out by taxpayers at a cost of $170 billion, is using taxpayer money to pay executives who brought the company to the brink of collapse hundreds of millions of dollars in bonuses! The Senate voted down an amendment by Jeff Sessions (R-AL) that would have kept federal ’stimulus’ money from being used to hire illegal aliens, resulting in up to 300,000 jobs being filled by illegal aliens that otherwise might have gone to citizens and legal immigrants...

http://tinyurl.com/crogn4


Informant: Thomas L. Knapp



http://freepage.twoday.net/search?q=bailout
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