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Economy: AIG Bonuses / Geithner Interview / A Discussion #925715

CNN Evening News for Thursday, Mar 19, 2009
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(Hofstra University: Anderson Cooper) Live discussion held with CNN's Joe Johns and Gloria Borger about the AIG bonuses [In CNN's interview, Treasury Secretary Tim GEITHNER - comments on the contracts clause on bonuses.] [BORGER - says the Treasury Department made a mistake and thus a mixed message about the bonuses is coming out of the White House; comments on how the administration needs support for bank bailouts.] [JOHNS - says Congress, too, has a problem, but these contracts were written long ago and Geithner created a problem; comments on the massive tax pushed by Congress that goes counter to the laws of contracting.]
Reporter(s):
Cooper, Anderson
Duration:
00:05:00

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