Obama refocuses on budget, wants priorities passed:
"President Barack Obama demanded Saturday that any budget passed by Congress must cut the deficit, overhaul health care, invest in education and reduce U.S. dependence on foreign oil.
After a week dominated by outrage over enormous corporate bonuses at bailed-out companies, Obama used his weekly radio and Internet address to turn the focus back on his budget proposal and getting it through Congress."
Saturday, March 21, 2009
Iran's supreme leader dismisses Obama overtures
Iran's supreme leader dismisses Obama overtures: "Iran's supreme leader rebuffed President Barack Obama's latest outreach on Saturday, saying Tehran was still waiting to see concrete changes in U.S. policy."
Connecticut seeks answers on AIG bonus documents
Connecticut seeks answers on AIG bonus documents:
"The attorney general of Connecticut said Saturday that he is asking American International Group Inc. why documents appear to show the company paid $53 million more in bonuses to its financial products division than previously reported.
Documents turned over late Friday show AIG paid $218 million in bonuses last weekend, higher than the $165 million that was previously disclosed, said the office of Attorney General Richard Blumenthal, who had issued a subpoena.
Bonuses were 'showered like confetti' on AIG employees, Blumenthal said."
"The attorney general of Connecticut said Saturday that he is asking American International Group Inc. why documents appear to show the company paid $53 million more in bonuses to its financial products division than previously reported.
Documents turned over late Friday show AIG paid $218 million in bonuses last weekend, higher than the $165 million that was previously disclosed, said the office of Attorney General Richard Blumenthal, who had issued a subpoena.
Bonuses were 'showered like confetti' on AIG employees, Blumenthal said."
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