VOICED: Protestors take anger over bonuses to AIG exec's houses

VOICED: Protestors take anger over bonuses to AIG exec's houses

Assessment

Interactive Video

Business, Social Studies

9th - 12th Grade

Hard

Created by

Quizizz Content

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The transcript discusses the public outrage against AIG executives receiving large bonuses after a taxpayer-funded bailout. Protesters targeted the homes of AIG executives, demanding the return of these bonuses. Despite promises from executives to return the bonuses, public anger persisted. The situation highlighted economic inequality, with large bonuses being paid while many people suffered financially. In response, the US Congress considered imposing a 90% tax on bonuses for top executives at bailed-out firms like AIG.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What sparked the public outrage against AIG?

The company's decision to lay off employees

The bonuses given to executives after a taxpayer-funded bailout

The company's involvement in a major scandal

AIG's refusal to pay taxes

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did the protesters express their anger towards AIG executives?

By organizing a boycott of AIG products

By writing letters to the government

By protesting at the homes of AIG executives

By filing a lawsuit against AIG

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the response of the AIG executives to the protests?

They resigned from their positions

They increased their bonuses

They promised to return their bonuses

They ignored the protests

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What legislative action did Congress consider in response to the AIG bonus scandal?

Reducing taxes for all companies

Providing additional bailouts to AIG

Imposing a 90% tax on bonuses for executives at bailed-out firms

Banning bonuses for all executives

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What term was used to describe the situation of bonuses being given to AIG executives?

Capitalism for the masses

Anarchy for the wealthy

Democracy for the elite

Socialism for the rich