Originally posted by Hastobemoretolife
But instead the government tried to circumvent the constitution because the people at fault are close to being exposed.
And you are exactly right. Congress and the administration are in full scale CYA mode right now. They're trying to scapegoat these companies in
order to cover up their own mistakes in dealing with this mess. And believe me, I'm sure that this bonus scandal is just the tip of the iceberg
compared to what we're going to learn of this bailout fiasco.
I've said it before and I'll say it yet again: there are only two possibilities for this government concerning its role in this crisis. Either
they are incompetent fools or they are complicit and were the enablers in this case. There's no in-between.
While I think the AIG bonuses are distasteful, the government is stuck with them now. There's no legal recourse for recouping a bailout just
because you find the means of the funds' dispersal to be unethical. Congress and the administration are the ones who have to answer for this, not
AIG.
[edit on 21-3-2009 by vor78]