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.