Geithner waited 2 days to tell Obama about AIG bonuses:Hot and Latest News
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Geithner waited 2 days to tell Obama about AIG bonuses

WASHINGTON (CNN) — A new timeline released by White House officials late Tuesday evening reveals the president first learned about the $165 million in AIG bonuses last Thursday, days before the story leaked to the media over the weekend.

The new timeline was released after White House spokesman Robert Gibbs said he was unaware of when President Barack Obama first learned of the bonus controversy and reporters asked that the White House provide a timeline. It also shows that Treasury Secretary Timothy Geithner first found out about the bonuses from his staff last Tuesday.

It was not until the following day, after 6 p.m. Wednesday, that Geithner called AIG’s CEO Edward Liddy to “express outrage” and say the payments were “unacceptable,” according to the timeline released by White House officials

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