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	<title>Minnesota Independent &#187; CEO</title>
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		<title>Bachmann probes AIG&#8217;s Liddy to find who in Congress knew of bonuses</title>
		<link>http://minnesotaindependent.com/29452/bachmann-probes-aigs-liddy-to-find-who-in-congress-knew-of-bonuses</link>
		<comments>http://minnesotaindependent.com/29452/bachmann-probes-aigs-liddy-to-find-who-in-congress-knew-of-bonuses#comments</comments>
		<pubDate>Wed, 18 Mar 2009 22:42:03 +0000</pubDate>
		<dc:creator>Chris Steller</dc:creator>
				<category><![CDATA[Blog]]></category>
		<category><![CDATA[Economy/Finance]]></category>
		<category><![CDATA[U.S. House]]></category>
		<category><![CDATA[AIG]]></category>
		<category><![CDATA[and Government Sponsored Enterprises]]></category>
		<category><![CDATA[Barney Frank]]></category>
		<category><![CDATA[CEO]]></category>
		<category><![CDATA[edward liddy]]></category>
		<category><![CDATA[House Subcommittee on Capital Markets]]></category>
		<category><![CDATA[Insurance]]></category>
		<category><![CDATA[Michele Bachmann]]></category>

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		<description><![CDATA[U.S. Rep. Michele Bachmann &#8212; famous for urging the media to <a href="http://minnesotaindependent.com/13637/new-mccarthyism-bachmann-calls-for-investigation-of-anti-american-congress-members">expose anti-Americans</a> in Congress &#8211; did her own probing today, pressing AIG CEO Edward Liddy for names of her colleagues who had foreknowledge of AIG&#8217;s controversial bonus payments. &#8220;Did&#8230;]]></description>
			<content:encoded><![CDATA[<div id="attachment_29460" class="wp-caption alignleft" style="width: 288px"><a href="http://www.c-span.org"><img class="size-medium wp-image-29460" title="bachmann-liddy" src="http://minnesotaindependent.com/wp-content/uploads/2009/03/bachmann-liddy-300x126.jpg" alt="Photo: C-SPAN3" width="278" /></a><p class="wp-caption-text">Photo: C-SPAN3</p></div>
<p>U.S. Rep. Michele Bachmann &#8212; famous for urging the media to <a href="http://minnesotaindependent.com/13637/new-mccarthyism-bachmann-calls-for-investigation-of-anti-american-congress-members">expose anti-Americans</a> in Congress &#8211; did her own probing today, pressing AIG CEO Edward Liddy for names of her colleagues who had foreknowledge of AIG&#8217;s controversial bonus payments. &#8220;Did any members of Congress know anything about the bonuses?&#8221; asked Bachmann. Yes, Liddy responded &#8211; <span id="more-29452"></span> at least some were aware of &#8220;the obligation to pay the bonuses.&#8221;</p>
<p>But he didn&#8217;t name names for Bachmann, any more than he did earlier when Rep. Barney Frank (D-Mass.) asked Liddy for names of the AIG executives who got bonuses.</p>
<p>Bachmann&#8217;s interrogation went like this:</p>
<blockquote><p>Which members of Congress or staff knew about this and when?</p>
<p>Any members of the administration who knew about this?</p>
<p>Did any members of Congress know anything about the bonuses?</p>
<p>Could you be responsive about which members of Congress knew?</p></blockquote>
<p>Liddy said he didn&#8217;t know but promised to try to find out for her.</p>
<p>Bachmann&#8217;s five minutes of questioning came toward the end of a long day of testimony from Liddy and an earlier panel of witnesses before the <a href="http://minnesotaindependent.com/29424/aig-ceo-liddy-offers-halfsies-back-on-executive-bonuses">House Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises</a>.</p>
<p>Bachmann, a member of the committee, appeared to be in attendance for the full hearing. Her questioning was measured in tone and lacked the incendiary word choice of other committee members, who shouted &#8220;Damn!&#8221; and warned Liddy of legislation that would be worse for AIG than waterboarding.</p>
<p>At one point, Rep. Paul Kanjorski (D<span style="text-decoration: line-through;">R</span>-Pa.) banged his gavel and threatened protesters from the group Code Pink with expulsion from the hearing room unless they surrendered their signs. Frank lightened the mood by expressing relief &#8212; after seeing how Kanjorski dealt with the signs &#8212; that the protesters weren&#8217;t wearing the slogans on their shirts.</p>
<p>Here is video from Bachmann&#8217;s questioning of Liddy:</p>
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