Media
AIG Execs Deserved Their Bonuses
Despite the anger many people – including President Obama – feel over AIG giving out $156 million in bonuses, I have to say they earned it, as I’ve said before. After all, they convinced Congress to give them $170 billion in bailout funds.
So long as our government is making lobbying for bailouts a profitable business model, executives who do so succesfully should be rewarded.