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Economy: AIG Bonuses / A Bill / Obama #925682

ABC Evening News for Thursday, Mar 19, 2009
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(Studio: Charles Gibson) Report introduced.

(Washington: Jonathan Karl) The backlash by Congress at bonuses paid to AIG executives featured; details given about the bill that would tax bonuses for employees at companies receiving bailout money, a statement from New York attorney general Andrew Cuomo about the names of executives at AIG and Merrill Lynch and the loophole that made AIG bonuses possible. [Representatives Earl POMEROY, Steve ISRAEL - speak out.] [Republican Representatives John BOEHNER, Michele BACHMANN†- speak against the administration.] [Representative Barney FRANK, Senator Chris DODD, Speaker of the House Nancy PELOSI - offer denials.] [On CNN, Treasury Secretary Tim GEITHNER - says the Treasury Department was worried about legal challenges.]

(Studio: Charles Gibson) Report introduced.

(New York: Bill Weir) The reasons why the bonus issue became a national flashpoint examined; details given about the public hunt for villains. [AIG CEO Edward LIDDY†- reads threats against AIG executives.] ["Wall Street: A History" author professor Charles GEISST†- says the Internet is a release.] ["Predictably Irrational" author Dan ARIELY†- speaks about the revenge motive.]

(Studio: Charles Gibson) The question of the day mentioned.

(White House: Jake Tapper) How the AIG controversy followed President Obama on his road trip featured. [In California, OBAMA - speaks about being out of Washington and being of Jay Leno's show.] [Senators Jon KYL, Lamar ALEXANDER - criticize Obama.] Statements from White House chief of staff Rahm Emanuel and adviser David Axelrod about the AIG bonus issue being a distraction quoted. [OpenLeft.com contributor David SIROTA†- comments on the populist anger.]

Reporter(s):
Gibson, Charles;
Karl, Jonathan;
Weir, Bill;
Tapper, Jake
Duration:
00:07:10

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