[Congressional Record (Bound Edition), Volume 156 (2010), Part 1]
[House]
[Page 1173]
[From the U.S. Government Publishing Office, www.gpo.gov]




                              AIG BONUSES

  (Mr. NEAL of Massachusetts asked and was given permission to address 
the House for 1 minute and to revise and extend his remarks.)
  Mr. NEAL of Massachusetts. Madam Speaker, I rise today to express my 
disappointment and dismay with AIG's decision to pay $100 million in 
bonuses to executives. These are not just any employees but those from 
the financial products division, the same group that created the flimsy 
derivatives that caused such a catastrophe for our economy in late 
2008.
  With taxpayer dollars allowing to keep AIG afloat and ordinary 
Americans facing 10 percent unemployment, I don't know who would have 
thought this announcement would be well-received by the American 
people. It may be that these bonuses were legally obligated before the 
AIG crash, but I'm sure that all the brainpower that created AIG's 
complicated financial products can figure out a way, as the American 
people would, to simply say ``no.''

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