Stimulus bill allowed executive bonuses

by Eugene on March 19, 2009

in Economy

The fury over AIG executive bonuses is now snowballing towards the White House, Congress, and all those in between who’d voted for the stimulus bill. Apparently the infamous stimulus allowed for executive bonuses that so many are ticked off about. And the man who’s receiving most of the finger pointing? None other than Sen. Chris Dodd (D-CT), who happens to be the top recipient of AIG political contribution (then Sen. Obama is #2). Sen. Dodd is being blamed for inserting the executive compensation clause into the stimulus bill, and believe it or not, he’s blaming Obama for requesting it!

Oh goodie, in-fighting among top Democrats…

Anyone with a “D” next to their written names is staying as far away from this mess as possible. Nobody wants to be near Sen. Dodd, Tim Geithner, or even President Obama these days. What AIG CEO Edward Liddy went through recently is nothing compared to what’s going to happen in the Hill.

There’s been calls for Geithner’s resignation. I’m sure these calls are going to turn into a chorus pretty soon.

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