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Economy: AIG Bonuses #937776

NBC Evening News for Tuesday, Mar 17, 2009
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(Studio: Brian Williams) The outrage over bonuses paid by AIG after it was bailed out by taxpayers noted.

(Washington: Tom Costello) The collapse of AIG examined; details given about New York attorney general Andrew Cuomo's probe and about AIG leaders Hank Greenberg†, Martin Sullivan†, Robert Willumstad† and Edward Liddy†. [Yale University Jeffrey SONNENFELD†- says the executives ought to be fired rather than retained.] [University of Maryland Michael GREENBERGER†- comments on AIG’s mortgage “swap” practice.] [GREENBERG – wonders what happened to the risk management department.] ["New York Times" Andrew SORKIN†- says we’re now shareholders of this company.] Greenberg’s lawsuit against AIG noted.

(Studio: Brian Williams) Report introduced.

(Capitol: Kelly O’Donnell) The Congressional response to the bonuses featured; details given of proposals for getting the money back. [3 CONGRESSMEMBERS – react.] [On talk radio, voice of Senator Charles GRASSLEY†- says AIG executives should resign or commit suicide.] [Later, GRASSLEY – says we need a culture that holds corporate executives responsible.] [Representatives Carolyn MALONEY†, Steve ISRAEL†, Barney FRANK†, Senator Max BAUCUS†- offer suggestions.]

(Studio: Brian Williams) Report introduced.

(Libertyville, Illinois: Kevin Tibbles) The reaction around the country to the bonuses featured. [At the Liberty Barber Shop in Libertyville, Illinois; at the Drake Diner in Des Moines, Iowa, and on the street in New York City, several PEOPLE – offer views.]

Reporter(s):
Williams, Brian;
Costello, Tom;
O’Donnell, Kelly;
Tibbles, Kevin
Duration:
00:08:50

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