Quote:
Originally Posted by Azure
Oh, I also wanted to mention that the original bailout deal was given to each member of Congress to read, and then vote on.
Meaning they either didn't read the bill, which would explain why none of them knew about the AIG bonuses....or they did, and decided to do nothing about it.
I found this gem while reading about the original bailout.
Nice.
http://www.ctv.ca/servlet/ArticleNew..._name=&no_ads= |
Nice indeed. Obama,
in September of 2008, warned that the TARP should include regulations to prevent the use of Federal money to pay bonuses to failed executives. No such language was included--and it turns out, Obama was right.
I'm not sure that quote is damning who you think you're damning. This one lies at the feet of one Henry Paulson.