Replies to post #746 on Wells Fargo and Company (WFC)

[MrBankRoll]

Clintons administration started it.... And Bushes fueled the fire for another 8 friggen years!

People had to know they were going to run out of fuel one day.

Sounds like AIG was the biggest culprit. People there need to be publicly flogged.... Or worse....

It's just unbelievable that they would let it go on and on and on....

[MrBankRoll]

Did you see Geithners grand plan to get the bonuses repaid?

"AIG will repay taxpayers for bonuses, Geithner says"

By Rex Nutting
Last update: 9:37 p.m. EDT March 17, 2009
WASHINGTON (MarketWatch) -- The Treasury Department will order failed insurance giant American International Group Inc. to repay the taxpayers up to $165 million that the company is giving employees as bonuses, Treasury Secretary Tim Geithner said Tuesday. In a letter to congressional leaders, Geithner said the government can't block the payments, which are being made under contracts signed before the government stepped in with $173 billion to prevent AIG from going bankrupt.

Acknowledging "considerable outrage" about the bonus payments, Geithner said AIG will pay the Treasury an amount equal to the payments, and the Treasury will deduct that amount from the $30 billion in government assistance that will soon go to the company.

http://www.marketwatch.com/news/story/aig-repay-taxpayers-165-million/story.aspx?guid=%7B3B94EA58%2D048F%2D41CC%2D9DCF%2DBB48BC6989E6%7D&siteid=bnbh