President Barack Obama declared Monday that insurance giant American International Group is in financial straits because of "recklessness and greed" and said he intends to stop it from paying out millions in executive bonuses.
Obama: Aig Can't Justify 'outrage' Of Exec Bonuses
Yahoo! Buzz: Top Stories, Yahoo Buzz
Mon, 03/16/2009 - 5:41am
Sections: politics
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