If you have missed it, this is something that every American should be pissed about. Some of the people that got bonuses aren't even there any more.
Rage at AIG Swells As Bonuses Go Out
Fed Decided Payouts Couldn't Be Stopped
VIDEO
Obama: AIG Can't Justify 'Outrage' of Bonuses
President Barack Obama declared Monday that insurance giant American International Group is in financial straits because of "recklessness and greed" and said he intends to stop it from paying out millions in executive bonuses.
Washington Post Staff Writers
Tuesday, March 17, 2009; Page A01
President Obama yesterday vowed to "pursue every legal avenue to block these bonuses." But that pledge might have come too late. About $165 million in retention payments started to go out Friday to employees at Financial Products, after numerous discussions with the Treasury Department and the Federal Reserve.
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