Saturday, March 21, 2009

Obama Envoy Holbrooke Served on AIG Board When Controversial Bonuses Approved - First 100 Days of Presidency - Politics FOXNews.com

Obama Envoy Holbrooke Served on AIG Board When Controversial Bonuses Approved - First 100 Days of Presidency - Politics FOXNews.com: "Obama administration special envoy Richard Holbrooke was on the American International Group Inc. board of directors in early 2008 when the insurance company locked in the bonuses now stoking outrage across the U.S.

Holbrooke, a veteran diplomat who is now the administration's point man on Pakistan and Afghanistan, served on the board between 2001 and mid-2008. During that period, AIG undertook the aggressive investment strategies that led to a near-collapse and forced a multibillion-dollar federal bailout."


And the sweetheart deals just keep on coming in. Obama's administration is a cesspool of corruption and has been from day one. Tax cheats, pay off's, criminals and has beens who fouled up American security, welfare systems and shredded the constitution are all he has for cabinet members and his representatives.

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