Sunday, March 15, 2009

AIG: Another Imbecilic Goof

Shocking, but not surprising, that AIG... the proverbial straw that broke the world’s economic backbone and was awarded $170-billion in taxpayer money, is giving its executives $165-million in bonuses.

Pictured above is Edward M. Liddy, the government-appointed chairman of A.I.G. Liddy argued that paying bonuses helps A.I.G. to keep the most skilled executives.

Read the full story at The New York Times.

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