Posts Tagged ‘AIG’

Ready to be done with AIG

Thursday, March 19th, 2009

Okay, so I get that people are upset about AIG’s executive bonuses.

I get the argument that we are rewarding cruddy work by allowing these bonuses to stand.

I get Harry Reid’s proposal for a 90 percent tax on the bonus money.

I get the argument from that if the bonuses are returned, NY city and state will lose a significant amount of revenue that they desperately need.

But I’m bothered that issue has spawned a populist uprising. I’m bothered that President Obama is following suit. And I’m especially bothered that Andrew Cuomo is suddenly a hero.