Those funny folks at MoveOn.org have come up with a no lose virtual tomato toss game at http://moveon.org/tomato/?id=15777-7632128-81jum8x&t=4. Toss those ‘maters at AIG.
March 20, 2009
March 19, 2009
Now Find A Way to Dodge This Tax
Breaking News Alert
The New York Times
Thursday, March 19, 2009 — 3:07 PM ET
—–House Passes Heavy Tax on Bonuses for Rescued Firms
Spurred by anger over A.I.G. bonuses, the House voted 328 to
93 to levy a 90 percent tax on any company accepting more
than $5 billion in bailout money.Read More:
http://www.nytimes.com/?emc=na
March 15, 2009
This Is Horrible
From yesterday’s New York Times:
Breaking News Alert
The New York Times
Saturday, March 14, 2009 — 8:23 PM ET
—–A.I.G. to Pay $100 Million in Bonuses After Huge Bailout
Despite being bailed out with more than $170 billion from the
Treasury and Federal Reserve, the American International
Group is preparing to pay about $100 million in bonuses to
executives in the same business unit that brought the company
to the brink of collapse last year.
I guess after the bail-out the company showed a modest profit.