Iowa Senator calls for AIG bailout bonus taking execs to commit suicide

by Kal El on March 18, 2009 · Comments

While I know it is wrong, I had to laugh at this when I read it earlier. I mean, they DID run the company into the ground, and they played a HUGE hand in the economic mess we are in with their bogus mortgage securities.

Senator Urges AIG Execs To Commit Suicide

This is the ultimate way to end AIG’s rough day.

First they got chastised by the media. Then the President went after them. Then Andrew Cuomo did. Then a Congressmen proposed a special marginal tax rate just for AIG bonus takers.

And now, reports Fox News, Sen. Charles Grassley of Iowa says AIG execs should follow “the Japanese example” by publicly apologizing and “do one of two things: resign or commit suicide.”

We wonder, Mr. Grassley, would you say that the people in finance who have committed suicide after their businesses collapsed did the honorable thing?

Maybe it’s time everyone just took a deep breath on this story.

Link to source.

Maybe it’s time we start holding people accountable. Instead of a pity party for the greedy and incompetent AIG fatcats, why not send them to prison, and sieze all their holdings earned while with AIG? Anyone with an ounce of common sense can see the Senator wants the execs to resign, give back their undeserved bonuses and at least pretend to show remorse.

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