March 24, 2009

Bonuses for Hand Jobs

According to a Must Read article by Matt Taibbi, referring to whiz kids in the AIG Financial Services unit at the center of the economic meltdown:

The bonuses are a nice comic touch highlighting one of the more outrageous tangents of the bailout age, namely the fact that, even with the planet in flames, some members of the Wall Street class can't even get used to the tragedy of having to fly coach. "These people need their trips to Baja, their spa treatments, their hand jobs," says an official involved in the AIG bailout, a serious look on his face, apparently not even half-kidding. "They don't function well without them."

Extortion money is what I call it. "Pay us, or we walk, and we know where all the skeletons are hidden."

Psssst... Do Something

Sources:

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