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Bonuses Make AIG Offices Quite the Spot for Protests

By Eric Richardson
Published: Tuesday, March 17, 2009, at 10:31AM
AIG Protest Eric Richardson [Flickr]

Protestors stand outside AIG's offices at 777 S. Figueroa on Monday evening.

Insurance company AIG's Downtown offices at 8th and Figueroa have become a popular protest site in the wake of news that the company just paid out $165 million in bonuses after taking government bailout funds.

Bearing banners calling for the bonuses to be cancelled and proclaiming capitalism an organized crime, the Party for Socialism and Liberation and ANSWERLA held court during yesterday's evening commute.

Today at 4pm the Los Angeles Civil Rights Association will take its turn out front, calling for the financial company to donate the bonus money to job creation and health care programs.

While the issue of the company's bonuses has much of the country outraged and even garnered a statement from President Barack Obama, that didn't translate into protestors. Yesterday's protest was very lightly attended, with sixteen individuals outside the AIG offices at 5:30pm. Four news cameras covered the scene, all with vans ready for live shots.

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