Little Town, Big Controversy

By Jason Braff
|  Monday, Mar 23, 2009  |  Updated 6:54 AM EDT
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Little Town, Big Controversy

AIG is in the middle of a national firestorm. Good thing they're based in Wilton.

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Wilton is a picturesque New England town, one of the most affluent in the United States, and it is just an hour outside of New York City.

The quaint town also happens to be home to the business that has been stirring up quite the frenzy around the nation -- AIG, the financial company that basically helped create the global financial crisis. Ring a bell?

"I can't believe it — I had no idea they were here," Marilyn Gould told USA Today. Gould is a former member of the Board of Selectmen, a Planning and Zoning Commission member and director of the Wilton Historical Society.

AIG has been in Wilton for nine years and has kept a pretty low profile, residents said.

"They were just very quiet," Ted Hoffstatter, a high school teacher and one of the town's selectmen, told the newspaper. "Most people didn't even realize they were here."

In case you’ve been under a rock for the past week, AIG handed out more than $150 million in bonuses to its employees – money they received from the government, so from the taxpayers of America.

It has created quite the firestorm. President Barack Obama and taxpayers all over the country are fuming over the decision and the government is now trying to get its money back.

Posted Jul 19, 2009
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