Obama On AIG Anger, Recession, Challenges

Barack Obama From CBS - 60 Minutes By Steve Kroft

Published 22 March 2009

y most accounts, this past week was one of the most difficult in the young presidency of Barack Obama. At the heart of it all was the public upheaval over $165 million in bonuses paid to employees of AIG, a company largely responsible for bringing the world's financial system to its knees and now being propped up by U.S. taxpayers. The bonuses touched off a cultural war between Wall Street and Main Street, both of…

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