Monday, March 16, 2009

Fwd: News Alert: Obama Tells Geithner to Block A.I.G. Bonuses

Breaking News Alert
The New York Times
Monday, March 16, 2009 -- 12:29 PM ET
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Obama Tells Geithner to Block A.I.G. Bonuses

President Obama has instructed the Treasury secretary to try
to stop the faltering insurance giant American International
Group from paying out hundreds of millions of dollars in
bonuses to executives, as the administration scrambled to
avert a populist backlash against banks and Wall Street that
could complicate Mr. Obama's economic recovery agenda.

Read More:
http://www.nytimes.com/?emc=na


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