Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

Kids to AIG: 'Not All of USA Hates You'

By Harry Kimball, Newser Staff

Posted Apr 13, 2009 3:44 PM CDT

(Newser) – It seems fourth-graders have a greater store of empathy than the rest of this crisis-wracked nation. When a Houston teacher asked students how they felt about the AIG bonus scandal, it provoked the usual boos and hisses. But when she put the kids in an... Read full story »

COMMENTS

Read the comment policy

You need to Log in to Newser to comment. Don't have an account yet? Sign up now!

3 comments

A snapshot of the day's best news stories.

View Larger Grid

All Today Yesterday Pick a Date

What's Popular Now on Facebook

Miami Face-Eater Identified

'Serpent Pastor' Dies of Snake Bite

Washington Post (Source Grid »)

US • Money • Politics

Texas • letters • AIG • bonuses • bailout • scandal • primary school • schoolchildren

More Newser Stories

Wall Street Bonuses Ripe for Tea Party Rage

Big finance could face populist pitchforks

(NEWSER) - Bailed-out Wall Street execs handing themselves hefty bonuses this month should prepare for outrage not only from Dems inside the Beltway but from tea partiers, who hold their first convention in Nashville next month. The rage that has been focused on big government and health care reform could easily swing toward Wall Street, Gerald Seib writes in the Wall Street Journal . More»

State AGs Probe AIG Bonuses

Coalition of 19 state officials demands list of AIG bonus recipients

(NEWSER) - The attorneys general of 19 states have joined forces to investigate the bonus payments made to AIG employees, the Wall Street Journal reports. In a letter to the firm, the coalition demands a list of all employees of the financial products unit who received bonuses after the government started providing financial assistance in September 2008. More»

Ex AIG Boss: It's Not My Fault

Says he doesn't back retention bonuses

(NEWSER) - AIG’s former CEO tells CBS that the bonuses now sparking national outrage would not have happened under his watch. Hank Greenberg, ousted in 2005, said he doesn’t back such retention bonuses, blamed the firm's collapse on the "stupidity" of his successors, and thinks the current CEO should go. “When I was there, nobody had a contract in the company, including me. I didn't believe in them. If you didn't do the job, you didn't deserve to be there,” he said. More»

House Votes Today on Bonus Clawback

Bill being rushed through would slap 90% tax on bonuses at bailed-out firms

(NEWSER) - The House will vote today on a hastily crafted bill to claw back bonuses from executives at AIG and other bailed-out firms, reports the Hill. The bill, drawn up by Democratic tax experts, slaps a 90% tax on bonuses over $250,000 at firms that received $5 billion or more in federal aid. The House Judiciary Committee is racing to complete another bill allowing the Justice Department to target the bonuses as “excessive payments.” More»

Dodd: 'I Saved AIG Bonuses at White House Request'

He was follwoing White House orders, sayd Senate Banking Committee chair

(NEWSER) - The bonus loophole mystery has been solved. Banking Committee Chairman Sen. Chris Dodd added language to the stimulus bill that allowed the AIG bonuses to stand—at the request of the White House, he told CNN. The Connecticut Democrat said he did so reluctantly at the insistence of unnamed Obama administration officials, who worried about lawsuits if they tried to dodge employee contracts. More»

NEWS FROM OUR PARTNERS

What is Newser?

Face it: there's too much news. At Newser, we choose the most thought-provoking and entertaining stories from hundreds of US and international sources and reduce them to a headline, picture, and two paragraphs. And we do it 24/7—you can come back morning, noon, night (and in between) for something new that matters. Read less, know more.

Learn more »

Partnering with: Slate

View Newser on the mobile website

Kids to AIG: 'Not All of USA Hates You'

Texas • letters • AIG • bonuses • bailout • scandal • primary school • schoolchildren

MOST POPULAR STORIES

[ By Views ]

[ By Comments ]

More Newser Stories

Wall Street Bonuses Ripe for Tea Party Rage

Big finance could face populist pitchforks

State AGs Probe AIG Bonuses

Coalition of 19 state officials demands list of AIG bonus recipients

Ex AIG Boss: It's Not My Fault

Says he doesn't back retention bonuses

House Votes Today on Bonus Clawback

Bill being rushed through would slap 90% tax on bonuses at bailed-out firms

Dodd: 'I Saved AIG Bonuses at White House Request'

He was follwoing White House orders, sayd Senate Banking Committee chair

About Us

Site

Community

Site Maps

Tools

More News

What is Newser?