Bank Bailouts
When news of the $165 million bonus payments to AIG executives was made public, the WFP took action. Led by our CT affiliate, we participated in a bus tour of the homes of AIG executives called ‘Lifestyles of the Rich and Shameless,’ and a demonstration outside the headquarters of AIG’s Financial Products Unit in Wilton, CT.
The media frenzy around ‘bailout bonus outrage’ reflects genuine concerns and feelings shared by a majority of Americans. At the same time, we need to struggle to break through the spin and sensationalism to put the focus where it rightly belongs – on the lives of people hit hard by the economic recession.
Watch the video above for a snapshot view of what really happened that day, and consider supporting our work with a donation to our affiliate, the Connecticut Working Families Party.
Additional posts related to this story:
Press coverage. This story was intensively covered around the world. Read a selection of articles from the New York Times to the Hartford Courant.
Nearly 1000 supporters responded to our survey. This is what we did with the results.
AIG: Disgorgement Now. Our original story, calling for the courts to take back the ill gotten gains received by executives over the last few years.
See some of the photos we took of the event showing Jon, Joe, Bryan, Lindsay and Charles.
