Peace or Freedom

You can have peace. Or you can have freedom. Don't ever count on having both at once. - Robert A. Heinlein -

Monday, March 16, 2009

AIG Exec bonuses just the beginning

I will be the first to admit that I don't understand a lot of the nuances pertaining to the "market crisis". Though as I read articles I can't help but feel that they are hinki. I previously reported that AIG gave its Executives huge bonuses, out of bail-out money, to the tune of $165 million dollars. Now it appears that they are using used more than $90 billion in federal aid to pay out foreign and domestic banks, some of whom had received their own multibillion-dollar U.S. government bailouts. It appears that the concern is from both Democrats and Republicans. Part of this article disscussed the concept of the federal goverment now being 80% owner and that even though these people are entitiled to their bonuses, despite gross incompetence, that they are not entiltled to their jobs.
Anthoinette Genheimer at 10:44
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