Obama stirs from his stupor and slaps Geithner's hand

and about fucking time too...

President Obama vowed to try to stop the faltering insurance giant American International Group from paying out hundreds of millions of dollars in bonuses to executives, as the administration scrambled to avert a populist backlash against banks and Wall Street that could complicate Mr. Obama’s economic recovery agenda.

“In the last six months, A.I.G. has received substantial sums from the U.S. Treasury,” Mr. Obama said. He added that he had asked Treasury Secretary Timothy F. Geithner “to use that leverage and pursue every single legal avenue to block these bonuses and make the American taxpayers whole.”

"populist backlash" is putting it mildly... i think obama had a vision of people with torches, rakes, and hoes storming the white house... also, "trying to stop" ain't good enough... in 12-step language, "trying" is "lying"...

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