In the face of growing public anger at Wall Street, President Obama said on Monday that he would try to block the millions of dollars in bonuses paid to AIG executives. We discuss how this populist outrage might impact the administration’s future financial rescue plans.
Guests:
Joseph Grundfest, former commissioner of the Securities and Exchange Commission, professor of law and business and co-director of the Rock Center on Corporate Governance at Stanford Law School
Jesse Eisinger, Wall Street editor for Portfolio Magazine
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