Wednesday, March 18, 2009
AIG CEO says employees starting to return bonuses
It seems that all of the recent media hype has paid off. I find it interesting that Obama, who took office just under two months ago, told reporters his administration was not responsible for a lack of federal supervision of AIG that preceded the company's demise, nor for the decision made last year to pay what he called "outrageous bonuses." He did tell reporters, however, that the "buck stops with me" to make sure that this situation never occurs again. I believe that this is politically reasonable, and is another example of how Obama relates to his constituency.
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