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WITH VIDEO>>AIG Bonuses Spark Furor-Senator urges execs to quit or 'commit suicide' as outcry over payouts grows
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video [
link to www.msnbc.msn.com
]
AIG outrage in Washington: 'This is ridiculous'
One lawmaker suggests that firm execs should resign or kill themselves.
updated 24 minutes ago
WASHINGTON - From the White House to Capitol Hill, outrage continues to grow over insurance giant AIG's executives receiving $165 million in bonuses after taking billions in federal aid.
President Barack Obama called the company reckless and greedy, Congressional Democrats threatened to tax the bonuses into oblivion, and a Republican lawmaker from Iowa even suggested that AIG leaders should take a Japanese approach toward accepting responsibility for the collapse by resigning or killing themselves.
"Obviously, maybe they ought to be removed," said Sen. Charles Grassley during an Iowa City radio interview on Monday. "But I would suggest the first thing that would make me feel a little bit better toward them if they'd follow the Japanese example and come before the American people and take that deep bow and say, I'm sorry, and then either do one of two things: resign or go commit suicide."
continued with video> [
link to www.msnbc.msn.com
]
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