Two Weeks Ago: White House Says It's Confident It Knows What Happened to Previous AIG Billions

From White House press secretary Robert Gibbs' briefing two weeks ago , when $30 billion in additional funds were announced for AIG . AIG had at this point designated $165 million in retention bonuses for officers of the Financial Products subsidiary, as well as an additional $121.5 million in executive bonuses. TAPPER:  AIG, is the administration confident that it, that it knows what happened to the tens of billions of dollars previously given to AIG?     GIBBS:  Is it confident -- I'm sorry?

TAPPER:  That they know -- that you guys know what happened to the previous billions before you hand over this next $30 billion.     GIBBS:  Yes -- yes, the -- I mean, I don't think it's a -- well, obviously, you've got a huge insurance company that is losing money, not the least of which because of its sheer size and sheer size and decrease in the growth in our economy.  It experiences a far bigger drop, largely because of its size. But, again, the steps that -- that Treasury and -- and others took were to ensure a larger systemic problem wasn't one that we had to deal with here today in letting something just die.     TAPPER:  But in terms of specifically the -- I guess it's like $150 billion before, you guys are confident...     GIBBS:  Yes. -- jpt

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