God, finally a President who is doing everything we've been wishing for. Today's headlines from the NY Times regarding the insurance giant AIG:
The president said that he has instructed Timothy F. Geithner to “pursue every single legal avenue” to block bonuses to the ailing insurer’s executives.
It's about time. Next I'm waiting for the executives who mismanaged their companies and lost millions of dollars to give back their bonuses and if they are guilty of misconduct, to go to jail.
It could happen.
1 comment:
Let us hope that attitude travels all the way to Europe as well. Sometimes greed stares you right in the eye.
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