sources: Canada.com
Wednesday, April 1, 2009
AIG Bailout, Not Bonus
AIG was about to go bankrupt, and they needed a bailout fast. Can you guess who they turned to for money? The government of course. Do you know how AIG used that $165 million? They used the money as bonuses in the employees paychecks and not paying their debts. Now the government is suing AIG for not using their money for paying their debts when they were about to be bankrupt.
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