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.comBarney Frank: “The federal government says, wait a minute. We, in effect, own this company. And we're not going to pay bonuses to…”
Editor's note · Context
Frank emphasizes the government's ownership of AIG and its stance against paying bonuses.
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