How Can the AIG CEO Still Be Talking?



What more is there to say?

Congress is grilling the AIG CEO, Edward Liddy, and you would think this is a one minute conversation. The company failed, no one should get bonuses.

A friend told me that business execs depend on their bonuses. Yeah, so do a lot of workers. The fact that rich people buy a lot of crap and depend on those bonuses to pay off that crap is not our fault.

1 comment:

Ju said...

Breaking News: Dodd Says loophole that protects AIG Bonuses added per request of the Obama administration. The video is about a fifth of the way down.


http://www.butasforme.com/2009/03/17/obamas-stimulus-bill-explicitly-grants-aig-the-legal-right-to-hand-out-bonuses/


Obama should take full and direct responsibility for this mess.