obama received a $101,332 bonus from aigfrom examiner: Senator Barack Obama received a $101,332 bonus from American International Group in the form of political contributions according to Opensecrets.org. The two biggest Congressional recipients of bonuses from the A.I.G. are - Senators Chris Dodd and Senator Barack Obama. The A.I.G. Financial Products affiliate of A.I.G. gave out $136,928, the most of any AIG affiliate, in the 2008 cycle. I would note that A.I.G.’s financial products division is the unit that wrote trillions of dollars’ worth of credit-default swaps and "misjudged" the risk. The Washington Post reports a "mob effect" at A.I.G financial products division... With the anger and rage that is being exhibited against A.I.G., perhaps the bonuses Obama received from A.I.G. explain Obama's A.I.G crocodile tears. Now that the Wall street Journal has revealed that A.I.G. paid bonuses of $1 million or more to 73 employees, it's time to ask if recipients of A.I.G. "bonuses," including President Obama, will give what now ought to be taxpayer money back?
rage at aig swells as bonuses go out & some aig workers offer to return incendiary bonuses
misdirected 'bailout rage' sets stage for new financial world order
let's confiscate hank greenberg's wealth
experts: financial crisis threatens security
from army times: The global economic crisis is putting a three-sided squeeze on the defense budget that could leave the nation at greater risk, U.S. intelligence analysts and outside experts warn Congress. In testimony before the House and Senate Armed Services committees, witnesses warned that the world, in many cases, will become a more dangerous place at the same time that many nations will have less to spend on their national security programs. This puts a greater burden on the U.S. military, which also is going to face pressure to cut expenses.
US could use crisis to wage 'financial warfare'
kremlin to pitch new currency at g20
from moscow times: The Kremlin published its priorities Monday for an upcoming meeting of the G20, calling for the creation of a supranational reserve currency to be issued by international institutions as part of a reform of the global financial system. The International Monetary Fund should investigate the possible creation of a new reserve currency, widening the list of reserve currencies or using its already existing Special Drawing Rights, or SDRs, as a "superreserve currency accepted by the whole of the international community," the Kremlin said in a statement issued on its web site.
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