idiotlane.com

Rep. Brad Sherman (D-Calif. 27th District, Sherman Oaks, Northridge) grills Neel Kashkari, Interim Assistant Treasury Secretary for Financial Stability, about whether three million dollar bonuses for AIG employees meet “appropriate standards of executive compensation” as mandated by congress.

How many times can the politicians get this wrong? I don’t know, they’re still working on it.

The bank bailout just keeps getting worse. Maybe the economy would get better if the we let the companies run by incompetence and greed get thinned out.