The Washington Independent

Posts Tagged AIG bonuses

Geithner Gets Put on the Hot Seat Over Bonuses

By | 03.24.09 | 2:48 pm

Rep. Brad Sherman (D-Calif.) challenged Treasury Secretary Timothy Geithner today to release details of bonuses given to executives of companies that have received TARP funds, Talking Points Memo reports.

When Geithner didn’t immediately jump on the idea, Sherman jumped on him.

“You won’t commit to telling the American people how More…

And the Sun Will Set in the West

By | 03.24.09 | 11:05 am

About as shocking as last night’s sunset, Senate leaders yesterday balked at the idea of taxing bonuses for the Wall Street firms largely responsible for wrecking the global economy. The fear, voiced also by Treasury officials, seems to be that limiting executive pay for executives of the bailed out More…

Move Over AIG, There’s Plenty of Outrage To Go Around

By | 03.22.09 | 3:55 pm

This weekend, we’ve seen busloads of protesters pulling up to the posh homes of AIG executives in Fairfield, Conn. — even as the realization creeps in that that our populist anger may be misplaced.

Maybe the real outrage is the covert second bailout to Goldman Sachs, Bank of America, More…