Key House Democrat: AIG "Trying to Play the American People for Fools"
March 15, 2009 11:24 AM
ABC News' Matt Jaffe reports:
Rep. Elijah Cummings, D-Maryland, a member of the Joint Economic Committee, today renewed his calls for AIG CEO Edward Liddy to resign after the company said it will move forward with paying out $121 million in bonuses for senior executives.
"For months, I have been calling on Edward Liddy to step down from his position leading AIG, and I loudly and clearly renew that call today," Cummings said Sunday in a paper statement. "Mr. Liddy has repeatedly taken billions of hard-earned tax dollars from the American people—many of whom have lost their homes, their savings, and their jobs—and then slapped those people in the face with that very money. Mr. Liddy continues to display reckless and irresponsible behavior at the helm of this company, and we simply cannot afford to accept it any longer."
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