Monday, March 16, 2009

And the AIG outrage continues ...

And today the following stories appeared in Media sources:

Joining a wave of public anger, President Barack Obama blistered insurance giant AIG for “recklessness and greed” Monday and pledged to try to block it from handing its executives $165-million (U.S.) in bonuses after taking billions in federal bailout money.

“How do they justify this outrage to the taxpayers who are keeping the company afloat?” Mr. Obama asked. “This isn't just a matter of dollars and cents. It's about our fundamental values.”

Mr. Obama aggressively joined other officials in criticizing American International Group, the company that is fast becoming the poster boy for Americans' bailout blues.

To read the rest of the story that was originally posted as - "Obama OUTRAGED by AIG bonuses" but since softened to - "Obama vows to block AIG bonuses" on click here.

or to read the sister story "Obama will try to block AIG Executive bonuses" - click here.

CBC is a little more to the point with their headline: "Obama, voicing outrage, vows battle to block AIG bonuses." - click here.

Way to GO OBAMA !!!!
His words in Audacity of Hope and his actions are in synche !!!!
Gotta like THAT !!

No comments: