In March of 2009, politicians and citizens on both sides of the political aisle became irate after learning that Wilton-based financial giant AIG – which had just received more than $200 billion in taxpayer-funded federal bailouts after posting the largest single-quarter loss in U.S. corporate history – was planning to give nearly $220 million…
Tag: bailouts
March 21: Taxpayers Roll Against Bailout Bonuses
In March 2009, politicians and citizens on both sides of the political aisle became irate after learning that Wilton-based financial giant AIG – which had just received more than $200 billion in taxpayer-funded federal bailouts after posting the largest single-quarter loss in U.S. corporate history – was planning to give nearly $220 million in…
March 21: Taxpayers Roll Against Bailout Bonuses
In March 2009, politicians and citizens on both sides of the political aisle became irate after learning that Wilton-based financial giant AIG – which had just received more than $200 billion in taxpayer-funded federal bailouts after posting the largest single-quarter loss in U.S. corporate history – was planning to give nearly $220 million…
March 21: Taxpayer Anger at Bailout Bonuses Hits Home.
Editor’s Note: This article has been revised after a thoughtful reader argued that we had displayed a distinctive bias against AIG in the original post, and had in places advanced personal opinions as facts. After reading the critique, revisiting our source material, and weighing the reader’s objections, I had to agree with him. The…