Inspired by a tweet from lit blogger (and former colleague) Mark Athitakis. Further reading: NYT, the Order of the Shrill, Naked Capitalism, Dean Baker, Felix Salmon, Brad DeLong, The Big […]
The AIG rageohol bill that passed the House last week faces a rocky future, while the new toxic asset plan proposed by Tim Geithner faces an unclear present.
The Chicago Tribune officially and kindly asks that you lay off the geniuses at AIG who just blew up the world and their just compensation for being much smarter than you.
The Obama administration seems to have explored all its legal avenues for getting that AIG bonus money back in about 24 hours. AIG meanwhile asks that we not make them blow up the world.
Obama says he’ll get those AIG bonuses back – provided, y’know, that pirate ship hasn’t already sailed.
I hope you have some populist outrage left in you after the Jon Stewart-Jim Cramer entertainment/lion-feeding/distraction, because AIG would like more of your money today.
The terrifying disaster behind the amusing Jon Stewart – Rick Santelli – CNBC feud.
The worst flooding today is on the financial markets.