- The Washington Times - Sunday, March 22, 2009

WASHINGTON (AP) - AIG outrage is genuine, but let’s be careful about the fallout.

That’s the message from the head of the president’s Council of Economic Advisers.

And it comes just as the Obama administration is readying a plan that relies on private investors to help buy billions of dollars of bad assets from struggling banks.

White House adviser Christina Romer says it’s OK to be angry about bonuses at insurance giant American International Group. But then there’s the new effort in Congress to tax much of those bonuses.

Romer says there’s a need to be careful _ especially since private investors are, in her words, “really doing us a favor” in the toxic assets plan.

She says she thinks they understand that President Barack Obama realizes they are in a different category from AIG and other bailed-out companies.

Romer appeared on “Fox News Sunday.”



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