4. A.I.G. Flogging for the Masses

March 21, 2009 § Leave a comment

The heat about AIG bonuses, sure small, but synptoatic. For example

Oh, and let’s not forget the bill that was passed on Thursday by the House of Representatives. It would tax at a 90 percent rate bonus payments made to anyone who earned over $250,000 at any financial institution receiving significant bailout funds. Should it become law, it will affect tens of thousands of employees who had absolutely nothing to do with creating the crisis, and who are trying to help fix their companies.

Biazrre  argumnet. Why should tens of thousands be earning over 250,000?


via Talking Business – From Washington, an A.I.G. Flogging for the Masses – NYTimes.com.

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You are currently reading 4. A.I.G. Flogging for the Masses at Reflections on GardenWorld Politics Douglass Carmichael.

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