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President Obama and those AIG Bonuses! Posted: 17 Mar 2009 04:14 PM PDT President Obama is determined to try and stop the ailing insurance giant American International Group from paying out hundreds of millions of dollars in bonuses to executives, as the administration scrambled to avert a populist backlash against banks and Wall Street that could complicate Mr. Obama's economic recovery agenda, according to The New York Times Of course it makes good print for the news hounds but as we see it they have missed the point (more…) Related on Gold Prices: Also See: |
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