Getting at the truth, 16 Mar 2009
Obama is opposing AIG’s $170 million in bonuses.
But why has Obama not mentioned the much larger AIG giveaway of its bailout funds to foreign banks which total $37.2 billion?
This is 220 times the amount to be paid for AIG bonuses.
The known foreign recipients of this giveaway of U.S. taxpayer money from AIG’s bailout funds include:
* Société Générale of France ($11.9 billion)
* Deutsche Bank of Germany ($11.8 billion)
* Barclays of Britain ($8.5 billion)
* UBS of Switzerland ($5 billion)
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