AIG Bonuses Were Permitted By Law

When the stimulus bill was written, Chris Dodd wrote an amendment that allowed contractual bonuses, the contracts having been signed before 2-11-09, to be paid. This was written to specifically allow the payout of the AIG retention bonuses.

I ask you, could there be any more hypocrisy in Washington? Do you realize the bonus amounts total less than 1/10 of 1% of the bailout that Washington paid to failing companies? That $787 billion, wasn’t that some kind of bonus??

Like Rush said today, folks, we’re being played.

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