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