News Analysis - Bracing for a Backlash Over Wall Street Bailouts - NYTimes.com
The administration’s sharp rebuke of the American International Group on Sunday for handing out $165 million in executive bonuses — Lawrence H. Summers, director of the president’s National Economic Council, described it as “outrageous” on “This Week” on ABC — marks the latest effort by the White House to distance itself from abuses that could feed potentially disruptive public anger.
News Analysis - Bracing for a Backlash Over Wall Street Bailouts - NYTimes.com
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