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Bailout
: Bailout ReportAre AIG Bonuses a Smokescreen?
By USLaw.com
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Is the furor over AIG bonuses justified or political grandstanding? Does a 0.01% investment in salaries for the staff overseeing the wind-down of a $1.6 Trillion portfolio justify harikari as Senator Grassley suggested?
Does it take 73 millionaires to wind-down a toxic investment portfolio?
What about the bonuses paid to other Wall Street firms? Last week [...]
More on this topic
(What's this?)
AIG Employees Not Too Happy With Persistent Death Threats
(Zero Hedge, 3/17/09)
Wiliam Black Savages Treasury's Conduct on AIG
(naked capitalism, 3/16/09)
A Token Reining in of AIG Bonuses (Banana Republic Watch)
(naked capitalism, 3/14/09)
Full post as published by Bailout Report on March 18, 2009 (boomark / email).
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