Saturday, July 11, 2009

The Departed

Disgraceful. Shameful. Corrupt. The list could go on and on describing the scandalous and dishonorable actions of AIG, which is presently considering $250 million more in bonuses.

All sense of merit, honor, and integrity has officially departed from the business community. These people were partially responsible for the implosion of the world economy. They are partly responsible for home foreclosures, rising unemployment, business closures, and various other ill effects spiraling throughout society. Yet they feel they should still get bonuses? [Or have their salaries increased to offset smaller/nonexistent bonuses?] For these scoundrels to even be broaching the subject of bonuses if preposterous.

For Further Reading:
Matt Taibbi has an interesting article in the latest Rolling Stone, The Great American Bubble Machine, discussing Goldman Sachs (and AIG's association to Goldman Sachs) and their nefarious connections.

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