A I Gee

Well, this doesn't look good, does it (source: ABC News) -

Top AIG recipients for the 2008 campaign:
1. Sen. Chris Dodd, D-Conn., $103,100
2. Sen. Barack Obama, D-Ill., $101,332

Nor does this: "Dodd Admits to Role in AIG Loophole."

However you feel about the AIG bonuses, the cameras are surely loving the ability to cover the rabid backlash and the execs' backtracking, while politicians are surely loving the ability to talk tough in front of those cameras.

Meanwhile, won't someone step up and figure out how to un-gum our global financial system? Or have we given in to Parkinson's Law of Triviality? (Link courtesy of Greg Mankiw's blog.)
Post a Comment