Obama: Want to blame someone for AIG bonuses?

On Wednesday President Obama said that he will take responsibility about controversial bonus for AIG executives when AIG took $ 173 billion in bailouts.

“We did not draft this contract. We have got a lot on our plate. But it is precisely when your power is not going to make sure things like this,” said Obama at town hall meeting in Costa Mesa, California. Obama’s comments come just more than an hour after Chairman of Senate Banking Committee [Senator Christopher Dodd] told that he was responsible for the language added to the federal stimulus bill to ensure that the existing contract to receive the bonus in the company’s federal bailout money that is respectable. Both Dodd and the official said that administration officials fear the government will face many lawsuits without the new language.

Obama said at the town hall meetings that he was outraged at AIG executive bonuses that have been received, while the company has been getting tremendous support from the taxpayer to keep the doors open. “To all the people in Washington who are busy scrambling trying to figure out how to blame other people, just forward and speak to me, because I work to ensure that we improve messes even if I do not make them,” Obama said. Read the rest of this entry »

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British Business Secretary Attacked by Custard

In London (England), 29 years old woman arrested by police for her action throwing a custard on one of government employees. The victim was Peter Mandelson, the Business Secretary for British. The act was a protest against the expansion of London’s Heathrow Airport. Plane Stupid, a group that opposes airport expansion and aviation-related climate change, identified her as protester Leila Deen.

“It’s not right that someone like Peter Mandelson can stand up and talk about being green,” Deen said. “The only thing green about Peter Mandelson is the slime coursing through his veins.” Read the rest of this entry »