{"id":152532,"date":"2009-03-19T17:33:00","date_gmt":"2009-03-19T17:33:00","guid":{"rendered":"http:\/\/new.moldova.org\/2009\/03\/19\/baucus-king-wont-return-aig-money-190588-eng\/"},"modified":"2009-03-19T17:33:00","modified_gmt":"2009-03-19T17:33:00","slug":"baucus-king-wont-return-aig-money-190588-eng","status":"publish","type":"post","link":"https:\/\/www.moldova.org\/en\/baucus-king-wont-return-aig-money-190588-eng\/","title":{"rendered":"Baucus, King won’t return AIG money"},"content":{"rendered":"Reading Time: <\/span> < 1<\/span> minute<\/span><\/span>

U.S. Sen. Max Baucus, D-Mont., and Rep. Peter King, R-N.Y., have no plans to return campaign contributions from insurance giant AIG.<\/P>

Both say the money was given before AIG was given $170 billion in federal bailout funds, The Hill reported Thursday.<\/P>

Sen. Chris Dodd, D-Conn., chairman of the Senate Banking Committee, does plan to give back at least some of the $103,900 he received from AIG in 2008, when he ran unsuccessfully for the presidential nomination. Dodd has been under fire for putting language into the stimulus bill that Republicans say authorizes AIG employee bonuses.<\/P>

Revelations last weekend that AIG had paid or planned to pay some of its employees $165 million in bonuses made the company the target of public wrath.<\/P>

CQMoneyline said that King got an $843 contribution from the AIG Political Action Committee in September that was recorded the day before the Federal Reserve Bank announced AIG was getting $85 billion in public funds. Baucus, chair of the Senate Finance Committee, received $8,750 in 2007.<\/P>

He has not taken any money since the company has been receiving government assistance, nor will he,<\/Q> a Baucus spokesman said.<\/P><\/p>\n","protected":false},"excerpt":{"rendered":"

Reading Time: <\/span> < 1<\/span> minute<\/span><\/span>Baucus, King won’t return AIG money<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-152532","post","type-post","status-publish","format-standard","hentry","category-politics"],"content_social_share":"Reading Time: <\/span> < 1<\/span> minute<\/span><\/span>

U.S. Sen. Max Baucus, D-Mont., and Rep. Peter King, R-N.Y., have no plans to return campaign contributions from insurance giant AIG.<\/P>

Both say the money was given before AIG was given $170 billion in federal bailout funds, The Hill reported Thursday.<\/P>

Sen. Chris Dodd, D-Conn., chairman of the Senate Banking Committee, does plan to give back at least some of the $103,900 he received from AIG in 2008, when he ran unsuccessfully for the presidential nomination. Dodd has been under fire for putting language into the stimulus bill that Republicans say authorizes AIG employee bonuses.<\/P>

Revelations last weekend that AIG had paid or planned to pay some of its employees $165 million in bonuses made the company the target of public wrath.<\/P>

CQMoneyline said that King got an $843 contribution from the AIG Political Action Committee in September that was recorded the day before the Federal Reserve Bank announced AIG was getting $85 billion in public funds. Baucus, chair of the Senate Finance Committee, received $8,750 in 2007.<\/P>

He has not taken any money since the company has been receiving government assistance, nor will he,<\/Q> a Baucus spokesman said.<\/P><\/p>\n

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