Monday, 16 March 2009

AIG payments shock

(01:29) Report

Mar. 16 - Austan Goolsbee, a member of U.S. President Barack Obama's Council of Economic Advisers reacts angrily to the bonus payouts to executives announced on Sunday by US insurance giant AIG.

Austan Goolsbee, one of Obama's advisers tells Reuters TV that AIG bonus payments 'boggle the mind'.