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Obama defends actions on AIG bonuses amid calls for tax recoupment
President Obama faced questions over extravagant AIG bonuses and said the buck stops with him. He discussed possible new oversight for large financial firms and backed Treasury Secretary Geithner as Democrats pushed legislation to reclaim about 165 million in bonuses through a 90 percent tax on employees earning over 250000.
MENTIONED IN THIS ARTICLE
Congress
AIG
Treasury
Tim Geithner
Obama