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?