A.I.G. bonuses

Outrage, outrage, blah, blah, blah, etc.  Often I feel that some topics are too obvious to blog.

The real lesson is that this is another reason not to nationalize banks.  It means politicizing every decision which ends up in the newspaper.

Here is a good post on why the bonuses should be paid.

Outrage, outrage, blah, blah, blah, etc.

Addendum: Vanya comments:

If you don't think a massive transfer of wealth from one segment of the
population to a small elite based solely on political influence, not
value creation, is an outrage then you're not much of a human being


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