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Funny Business
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CNBC.com |
Here are the nominees, followed by our choice for winner (loser). Vote for your own choice below.
And the nominees are...
A-I-G GIVES B-I-G
The company itself, for giving millions to keep employees in the very unit which nearly took down the economy.
TIM-ID
Treasury Secretary Tim Geithner knew of the bonuses, but says he had no idea how big they were, and when he did find out, he took two days to tell his boss.
HANKS A LOT
Former Treasury Secretary Hank Paulson crafted the original bailout, and that hasn't gone so well.
BEN THERE, DONE WHAT?
Fed chief Ben Bernanke tells "60 Minutes" how "angry" AIG [AIG
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] made him, yet the company's CEO says the Fed was involved every step of the way.
BLOW YOUR LIDDY OFF
AIG CEO Edward Liddy says "We wanted to do what was right by these contracts," and even made the magnanimous gesture of asking bonus receivers to give back "half".
SEN. DODD-ERING
Sen. Chris Dodd flipflops and now admits he removed some caps on bonuses in bailout legislation, but the administration made him!
GOING JAPANESE
Sen. Chuck Grassley takes bonus envy to a new level by suggesting those who took money apologize...and do the like the Japanese, "resign or commit suicide."
CAPITOL'S CAPITAL
Congress itself, spending your capital on these bailouts and then getting angry at the taxpayers (the CodePink ladies) for being angry in a hearing at AIG.
And the winner is...
BONUS BS
The financial bonus system itself! Either you're paid to stay, and you leave anyhow. Or you're paid regardless of company performance. Who wouldn't want a deal like that?
NOW YOU CHOOSE
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