Howard Rich's Blog

March 18, 2009

Pelosi’s Double Standard

Along with President Barack Obama, House Speaker Nancy Pelosi was at the forefront of a group of Washington politicians bashing the executives of American International Group this week.

Bolstered by $170 billion in federal bailout funds (for which the government received an 80% stake in the company) – AIG announced plans to award $165 million in executive bonuses to its employees.

“Unconscionable,” Pelosi said of the bonuses.

“I call upon the executives at AIG to right the wrong they have done to American taxpayers…”

Pelosi’s Double Standard

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