Taxing the Top
In a world in which some people keep getting way more than they need, while others can hardly get by, Robin Hood starts to look better and better.
Turns out the total bonuses paid to AIG were $454 million last year, or 4 times higher than previously reported. How do we know this? Because Congressman Elija Cummings asked them a direct question. See, nobody asked them this precise question before, so they didn't think anyone really wanted to know.
From Politico:
In other news, AIG lost another $5 billion in the first three months of the year.
I suppose that's better than losing $10 billion. Another round of bonuses for everyone!
--d.f.