Protesters to rally outside AIG in downtown L.A.
Demonstrators plan to rally outside the AIG building today in downtown Los Angeles to protest the giant insurer's decision to pay $165 million in bonuses to key employees. American International Group Inc. recently received the first part of $180 billion in federal bailout funds.
"We're going to be down there with whoever we can get," said Ian Thompson of the Los Angeles chapter of the Act Now to Stop War and End Racism (A.N.S.W.E.R.) coalition. "We're going to be expressing anger and outrage about the new bonuses that were announced, that will be given to the very same folks who helped cause the financial meltdown."
The protest is scheduled to begin at 5 p.m. near the intersection of 8th and Figueroa streets. The group also will help lead an anti-war protest Saturday at noon to mark the sixth anniversary of the war in Iraq. A march is set to start near Hollywood Boulevard and Vine Street and continue to Hollywood Boulevard and Highland Avenue.
-- Ari B. Bloomekatz