Elliot Spitzer: The Real AIG Scandal
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“It’s not the bonuses. It’s that AIG’s counterparties are getting paid back in full… Workers around the country are being asked to take pay cuts and accept shorter work weeks so that colleagues won’t be laid off. Why can’t Wall Street royalty shoulder some of the burden? Why did Goldman have to get back 100 cents on the dollar? Didn’t we already give Goldman a $25 billion capital infusion, and aren’t they sitting on more than $100 billion in cash?” – Spitzer in Slate
This entry was posted on Wednesday, March 18th, 2009 at 10:38 AM and filed under Articles, Economics, Legal, Politics. Follow comments here with the RSS 2.0 feed. Skip to the end and leave a response. Trackbacks are closed.
One Response to “Elliot Spitzer: The Real AIG Scandal”
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I am so glad that Spitzer is speaking out. Remember he was criticizing the government of Busch/Cheney before they brought him down on sex. I don’t condone what he did nor the administration delving into his sex life-none of our business. What I regret is that we lost a good man. MB
Posted on 18-Mar-09 at 1:17 pm | Permalink