Showing posts with label Congress. Show all posts
Showing posts with label Congress. Show all posts

3.18.2009

Con Job



AIG Chief Executive Edward Liddy will face Congress today and attempt to explain the reasoning behind paying out $165 million from taxpayer bailout for executive bonuses. If the grilling of Detroit auto CEOs were any indication, Liddy will undoubtedly feel like he's sitting before a firing squad of rabid lawmakers with itchy trigger fingers. For his solace, Liddy can sigh relief he will not be disarmed by New York Times Columnist Maureen Dowd. The make-no-bones-about-it red head lashed out yesterday at all of the above, opening the flood gates of analogous commentary before the end of her first paragraph, of which was a mere sentence.