The AIG Bonus Debacle: Channel Your Anger
Posted by Jim Harper
In early February here on this blog, I wrote favorably about the somewhat fanciful idea of televising the conference committee on the economic stimulus bill.
If conference committee meetings were televised, members of the conference committee would be constrained to explain what they were doing and why. That would be a good thing.
Well, the conference [...]
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No Bailout, Huh? . . . Would You Settle for “No Bonus”?
Posted by Jim Harper
Everyone’s abuzz about the bonuses being paid out to AIG employees, some reaching above $1 million.
And Congress is there on the case, chasing down the money that . . . it is responsible for putting out there in the first place.
(Yes, yes, AIG money was a loan from the Fed, not TARP – [...]
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