AIG Execs hopefully will go to jail
Obama today:
“Under these circumstances, it’s hard to understand how derivative traders at AIG warranted any bonuses, much less $165 million in extra pay,” Obama said. “How do they justify this outrage to the taxpayers who are keeping the company afloat?” He said he has asked Treasury Secretary Timothy F. Geithner to “pursue every single legal avenue to block these bonuses and make the American taxpayers whole.”
Amen brother. These men should be in jail, much less receiving bonuses with our tax dollars.
March 16th, 2009 15:45
They shouldn’t have been bailed out in the first place…they screwed their business up, we rewarded them with a bail out…what did we expect, them to start acting appropriately with the money?