According to New York State Attorney General Andrew Cuomo, 73 employees of AIG (American International Group) took home $1 million or more in bonuses last week. In total, the “too big to fail” insurer recently paid out $165 million in bonuses to its employees. According to the CEO of the company, Edward M. Liddy, they […]
Tag Archives: bailout
AIG: the distance between “I hope they commit suicide” and “off with their heads”
Posted in Economics, Observations Also tagged ACORN, AIG, American International Group, Andrew Cuomo, Charles Grassley, Edward M. Liddy, Obama, off with their heads, SEIU, suicide 55 Comments
Stimulus YES, Bailout NO
Just to clarify, while I have been lobbying hard for Obama’s economic recovery plan to pass, I still think it’s asinine to bail out those distressed American financial institutions, that, in my opinion, brought it on themselves. What we as a country need is to invest our limited resources in green jobs, education and infrastructure, […]