« Josh: We Need Your Help | Talking Points Memo Home | Trash Talk »

Squeeze

03.16.09 -- 3:46PM
By Josh Marshall

The Journal is now reporting that the Treasury is perhaps going to hold up that new $30 billion infusion until AIG rescinds those bonuses.

Quoting the Journal ...

Monday afternoon, a White House official said the Treasury Department will use a planned $30 billion infusion into AIG to compel the company to repay the bonuses promised to employees of its financial-products group, which is responsible for selling the exotic financial instruments that brought the company to near-collapse.

The infusion, announced March 2, won't be finalized until the company and the Treasury work up repayment options, the official said.

Recent Archives

November 22, 2009 - November 28, 2009
November 15, 2009 - November 21, 2009
November 8, 2009 - November 14, 2009
November 1, 2009 - November 7, 2009

Does Tom DeLay's Quadriplegic Protesters Tale Add Up?

DeLay says quadriplegics were "dumped" in front of him at a town all -- but was he modifying a story of a protest he wasn't even present for?

Poll On Obama's Birth: If Not Here, Where?

Of 38% of respondents in a new poll who did not say Obama was born in the US, 10% said he was born in Indonesia.

Boehner Accuses PhRMA Of Health Reform Appeasement

John Boehner sent an angry letter to PhRMA's Billy Tauzin charging that the drug industry is appeasing Obama on health reform.

Inside The '90s 'Viper Militia' Tied To Armed Anti-Obama Activist

TPMmuckraker takes a look at the 90s-era group whose most prominent defender staged the show of arms-bearing at an Obama event in Arizona.

Share
Close Social Web Email

"To" Email Address

Your Name

Your Email Address