"First they ignore you, then they ridicule you, then they fight you, then you win." -- Mahatma Gandhi

Quote of the Day: “McCaskill: AIG Bonuses So Frustrating. I Completely Get Why Everyone Is So Angry. I Am Too”

March 17th, 2009 by MarkTwain · No Comments

 Picture courtesy of Bungalow Bill’s Conservative Wisdom

“We cannot attract and retain the best and brightest talent to lead and staff the AIG businesses – which are now being operated principally on behalf of the American taxpayers – if employees believe that their compensation is subject to continued and arbitrary adjustment by the U.S. Treasury.”  – Current AIG CEO Edward Liddy

Remember how pissed off Claire Bear was when it was revealed that banks that had received bailout funds were taking junkets to resorts on the taxpayer dime? She asked on the Senate floor if these executives were “stupid” and “what planet did they come from.” My my, it’s amazing how subdued our junior Senator is now in light of the AIG bonus controversy. Could it have anything to do with President Obama going out of his way yesterday to tell us that the current AIG CEO (chosen by the government) arrived before this latest controversy? Or the fact that the administration basically signed off on these bonuses just days after additional bailout money was sent to AIG?

Related:

NRO: After Writing a Letter Re: AIG Bonuses, Claire McCaskill Feels Better

Video: McCaskill: “We have a bunch of idiots on Wall Street!”

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