Monday, March 16, 2009

Seppuku at AIG

Quote of the Day:

"The first thing that would make me feel a little bit better towards them if they’d follow the Japanese model and come before the American people and take that deep bow and say I’m sorry, and then either do one of two things — resign, or go commit suicide."
-Senator Charles Grassley (R-Iowa), on the AIG executives who are receiving $165 million in bonuses even though their company just reported the largest quarterly corporate loss in American history ($62 billion for fourth quarter 2008) and has to date received more that $170 billion in federal bailout funds.

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