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Politics : Politics for Pros- moderated

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From: FJB3/17/2009 10:26:05 PM
3 Recommendations  Read Replies (3) of 793932
 
Obama Received a $101,332 Bonus from AIG
March 17, 3:01 PM · 9 comments


AP Photo/Ron Edmonds

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.

The Washington Post reports a "mob effect" at A.I.G financial products division:

examiner.com
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