The AIG story

MANIFESTO

So many other blogs are discussing the AIG debacle so well that I'm hesitant to add anything. I'll say only this: It's no surprise to me that Edward Liddy is maintaining that "contracts" mandate that his minions receive $400 million in bonuses. This seems no different from the WMD charade the Bushies foisted on the American taxpayer starting six years ago.

And I say good for Andrew Cuomo, who's a bit dubious about the reality of the "contracts," as it seems to me he should be.

This story has a long way to go and is really just a symptom of the financial malfeasance that 99% of Americans have had to put up with for the last thirty years.