Today’s headline from the Wall Street Journal…

Departing AIG Counsel Gets Millions as She Exits

the full text of the article can be found here. What’s great about this story, what’s just so fantastic is the reason she is resigning is a dispute over the huge bonuses AIG wanted to pay to their top execs.  To refresh your memory.  AIG conned millions of people and investors then lost big.  The federal government (heavily lobbied by high paid lobbyists) determined that AIG was “too big to fail” and decided to pump billions of dollars into AIG.  After the federal bailout AIG was fat and happy again (despite the fact that their poor business practices caused them to fail) and they demanded their “right” to pay the loser executives the high salaries they demanded.

Wonderful.

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