Of course the AIG bonuses should go back! They were paid to people in the very group that lost money! They were paid to people who have already left the firm, putting the lie to the idea of retention bonuses! Also, they couldn't get jobs anywhere else anyway, so retention bonuses are unnecessary! And it's all just unmitigated greed! They're lucky to have jobs at all! They should be volunteering to work for free, wearing sackcloth and ashes, and grovelling on the ground in front of every taxpayer they can find, begging for forgiveness!
For one thing, the people who actually lost the money have, from most accounts, either been sacked, or left on their own. The people who got the bonuses were not involved with the dangerous trades, other than to help wind them down. The congressmen who called for Liddy's resignation, apparently unaware that they had just hired him for $1 a year to help save the company from his predecessors' decisions, have been the most egregious embarassments, but few commentators, including me, have covered themselves in glory on this angle.
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