Week in the News

45:56

March 20, 2009

AIG Chairmen Edward Liddy looks over the top of his glasses prior to testifying on Capitol Hill in Washington, Wednesday, March 18, 2009, before the House Capital Markets, Insurance and Government Sponsored Enterprises subcommittee. (AP)

It was the week of pitchfork rebellion. Millions in bonuses at AIG lighting a prairie fire of outrage across the country.

Everybody was in the hot seat this week: AIG, Treasury Secretary Tim Geithner, the Bush team, the Obama team, Congress, the President himself.

Americans were saying enough. The world was asking, what next? We’ve got another trillion flowing from the Fed, crisis and a change in Pakistan, a White House message to the people of Iran, and the President of the United States on Jay Leno.

This hour, On Point: Bonus blowup. Our weekly news roundtable goes behind the headlines.

You can join the conversation. What’s the bottom line in the bonus story? Would a 90 percent tax on those bonuses make you feel better? How about the fresh trillion churned out by the Fed?Guests:

From New York, we're joined by Jim Ellis, assistant managing editor at BusinessWeek.
From Washington, we're joined by Margaret Carlson, columnist for Bloomberg News and former White House correspondent for Time magazine. Her latest column is "Obama Needs to Discover His Inner Dirty Harry."
And from Hanover, N.H., is Jack Beatty, On Point news analyst and senior editor at The Atlantic.

This program aired on March 20, 2009.

week in the news