Friday, March 20, 2009

Is there any doubt Obama and Geitner KNEW about the bonus's at the beginning of March? How about video proving it?

Video: Congress, Geithner knew about bonuses on March 3rd

posted at 11:30 am on March 20, 2009 by Ed Morrissey

Tim Geithner and Congress claim that they got blindsided by the AIG bonuses late last week, before anyone had a chance to stop AIG from paying them. However, C-SPAN’s video library tells a very different story. Watch the clip from a March 3rd hearing of the House Ways and Means Committee in which Rep. Joseph Crowley (D-NY) specifically mentions the upcoming payouts of over $162 million in bonuses to AIG execs, the very same number that inflamed Washington DC this week:

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