On the recordMarch 15, 2009
The federal government says, wait a minute. We, in effect, own this company. And we're not going to pay bonuses to people who lost money for the company that we had to take over.
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transcripts.cnn.com“The federal government says, wait a minute. We, in effect, own this company. And we're not going to pay bonuses to people who lost money for the company that we had to take over.”
Frank emphasizes the government's ownership of AIG and its stance against paying bonuses.
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