By using this website you allow us to place cookies on your computer. Please read our Privacy Policy for more details.
Publication Date:
Publisher: Center for Economic and Policy Research
Author(s): Dean Baker
Research Area: Banking and finance
Keywords: Recession; Financial industry; Executive compensation
Type: Brief
Coverage: United States
Abstract:
This Issue Brief summarizes the A.I.G. bailout/bonus scandal, examines potential congressional and executive responses, and proposes an alternative in which taxpayer dollars are not spent on the bonuses to A.I.G. employees.