3.23.2009

Those Bonuses Really Stick in My Crawl

Ezra Klein captures my thoughts perfectly. I understand that the AIG bonuses are just .001% of the bailout money ... but it's still infuriating:
They should be begging for a shot at redemption. They should work without pay, without sleep, without credit. They should wear sackcloth and ashes. But more than that, they should be trying to help. The damage they wrought might have been unintentional, but that doesn't absolve them of responsibility for the aftermath. What we've got, however, is an economic hit-and-run, with one wrinkle: The collar-popper peeking out of the bloodied Porsche is willing to stick around if we pay him for his time. Give him a bonus and he'll dirty his hands with CPR.
Read the rest here.

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