President Obama just delivered remarks on the AIG bonus fiasco. We’ll have the vid for you shortly. Meanwhile, top Obama economic adviser Austin Goolsbee is saying the Administration will do everything in its power to get those bonuses back and reiterating their outrage:
See more at MSNBC.com.
I guess their outrage is a little hard for me to swallow at this stage of the game. They just got schooled by AIG. Their initial outrage should have been about the bonuses, but their outrage now ought to be about AIG’s fundamental misapprehension of what the post-bailout relationship between the company and Treasury is all about. AIG doesn’t seem to get it — and I’m not convinced yet that the Administration gets it either.
Late Update: The President himself addresses AIG:
