Political Quotes

Barack Obama: “This is a corporation that finds itself in financial distress due to recklessness and greed. Under these circumstances…”

On the recordMarch 15, 2009
This is a corporation that finds itself in financial distress due to recklessness and greed. Under these circumstances, it's hard to understand how derivative traders at AIG warranted any bonuses, much less $165 million in extra pay.
Said by
Barack Obama
Democratic · Illinois

Editor's note · Context

Obama criticizes AIG for awarding bonuses despite receiving bailout funds.

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