The AIG Saga: A Brief Primer


 

Publication Date:

Publisher: Center for Economic and Policy Research

Author(s): Dean Baker

Research Area: Banking and finance

Keywords: Recession; Financial industry; Executive compensation

Type: Brief

Coverage: United States

Abstract:

This Issue Brief summarizes the A.I.G. bailout/bonus scandal, examines potential congressional and executive responses, and proposes an alternative in which taxpayer dollars are not spent on the bonuses to A.I.G. employees.