Barney Franke and his buddies have known since day one that these bonuses were going to be paid. In fact BF worked the rules to enable the payments. The shock and disbelief is all for appearances. These bonuses were written up last year, presented before AIG accepted the bailout money and are contractually legal.
TRUST ME we do not want the government having the power to set aside contracts. That is a dangerous road people, don't give them that power. As much as it hurts to see AIG get the bonuses, we are stuck with it. Move on to the real issues, BILLIONS going in all directions.
Privatization for the Sake of Better Management
2 hours ago