The AIG Upset Continues

Photo Credit: European Pressphoto Agency




Today the Wall Street Journal reported immense upset and confusion over the bonuses which American International Group deemed acceptable to distribute to its employees, who were the essential cause to AIG’s failure.

President Barack Obama called upon every resource, in attempt to put a stop to the distribution of AIG’s objectionable bonuses. Over the weekend a outburst of rage unfolded as the bonuses became known to the public. In the end the government does not have control over the payments, but they will be more watchful in the future.


According to the OC Register President Obama has come to the OC. President Obama will be landing in Long Beach around 3 p.m. tomorrow and will be speaking at the Orange County Fairgrounds on Wednesday at 4 p.m. At 10 a.m. this morning White House officials began distributing tickets to a roaring and excited crowd.

http://www.ocregister.com/articles/first-president-beach-2337393-event-mallett

Stacie Ayala
Journalism 311 Student

No comments:

Post a Comment