Greedy Execs, Greedy Obama Take Big Bonuses From AIG

$101,332 Bonus from AIG to Barack Hussein Obama in 2008.

Who is the greedy CEO now? Obama didn’t even work (openly) for AIG. Obama got his bonus without working one hour for AIG.  He earned his bonus without an official relationship, working behind the government scenes; all the while taking a salary from the government, too.

Story: Obama Received a $101,332 Bonus from AIG

Senator Barack Obama received a $101,332 bonus from American International Group in the form of political contributions according to Opensecrets.org. The two biggest Congressional recipients of bonuses from the A.I.G. are – Senators Chris Dodd and Senator Barack Obama.

The A.I.G. Financial Products affiliate of A.I.G. gave out $136,928, the most of any AIG affiliate, in the 2008 cycle. I would note that A.I.G.’s financial products division is the unit that wrote trillions of dollars’ worth of credit-default swaps and “misjudged” the risk.

Credit-default swaps were necessary because government forced bankers to write BAD LOANS, under the theory that bad loans would make housing affordable. Good idea, Obama. We’ll just slip you a tidy bonus, even though you don’t even work for us, officially.

H/T: The Obama File

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