Your Search Results
As congress continues to call AIG executives to task in televised hearings, Executive Branch political appointees keep year-end bonuses from Citigroup and that’s perfectly fine since – get this – there is no need to bother them with that trivial stuff since the government “needs the talent we have” and faces “enormous challenges” so they…
Democrats in Congress usually have a “thing” for privacy rights. Listening in on international phone-calls were one end of the conversation is a known or suspected terrorist? That’s bad. However, not all such intrusions are equal. McCarthy-esque intrusion into the lives of folks working on Wall Street? Wielding the tax code as a weapon against…
Art Laffer pretty much summed up the Government’s bailout of everyone from AIG to GM and Chrysler … they shouldn’t be in the business in the first place. It’s very funny.
First make a law … then implement it … then express outrage when it is … mix it up and you get … The $165 million AIG bonus flap that has caused outrage around the nation has its roots in a provision of Connecticut labor law that political leaders say needs to be changed. The…
The NY Times is reporting (paragraph 16) that Chris Dodd included an exemption for bonuses like the ones given AIG in the February stimulus bill … I thought about adding this to Steve’s post on the Democrats going after Rob Simmons but this story is becoming bigger by the minute. The administration official said the Treasury…
Pay the bonuses already and lets move on.
Now really, what did you expect? Like it or not, the managers and executives at AIG have specific value in the market place. You may think that they are all worth nothing, but many companies see the AIG kerfuffle as an opportunity. The obligations that AIG had to managers were contractual payments everyone knew about…
I’ve been waiting for stories to be released from AIG executives who elected to leave the company during the last week due to attacks from political hacks who never want to let a good crisis go to waste.
As people protest in the streets of NYC I am struck by the notion that they are protesting in the wrong place. Time to protest in Washington.
- « Previous
- 1
- 2
- 3
- Next »