What a welfare queen may look like

 

The guys who drove AIG to the point where they needed your money to survive would like you to know how grateful they are and that they’re spending it wisely to ensure they don’t need any more of your money in the future.

Just kidding. They’re handing out $165 million in bonuses to their derivatives traders – the ones who put them into this situation. For their part, the government is doing everything it can to try and stop these bonuses from being paid. We taxpayers are, after all, the largest shareholder in the company. Surely there’s something we can do , right?

Personally, I’m recording the testimony of AIG’s CEO so I can get some popcorn and watch him squirm. I really hope he tries to defend the bonuses – comedy gold in the making.



1 comment so far ↓

#1 l3wis on 03.16.09 at 12:27 pm

More like $450 million

http://online.wsj.com/article/SB123707854113331281.html

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