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Updated: 5:49 PM Mar 18, 2009
Don Manzullo Demands Answers Regarding AIG's Bonus Payouts
Our local Congressman Don Manzullo is on the House Financial Services Committee and he opened with a seething statement before the questioning of Edward Liddy, AIG's CEO.
Posted: 5:43 PM Mar 18, 2009 |
(AP Photo/Jin Lee)
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Our local Congressman Don Manzullo is on the House Financial Services Committee and he opened with a seething statement before the questioning of Edward Liddy, AIG's CEO.
"I represent Rockford, Illinois, the largest city with 14% unemployment. People are losing their jobs, factories are closing. They're taking cutbacks, working odd shifts, and taking late night shifts. They aren't being paid to destroy the economy-they're being paid to invigorate it. They're sitting in this seat today, all 740,000 of them, wondering, how could government do something so stupid as to allow these people to make that kind of money and then sit back and everybody point fingers at each other? We want some answers today," said Manzullo.


