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 | Noam Chomsky on the economy and democracy Pt2 Noam Chomsky on the economy and democracy Pt3 Stephen’s Angry Mob Will Crush AIG (click to show/hide Colbert video) The government can’t stop AIG but Stephen’s angry mob will crush these punks. He pulls [...] So says our Representative Brian Baird and I quote him from a link to a story in my earlier article: Baird said the legislation also will prevent executives who presided over the financial crisis from reaping huge salaries and bonuses. “Any company that chooses to participate in the program will not be able to offer their departing executives exorbitant severance packages,” [...] On the day that the first of the bailout dollars are to be disbursed, we learn this: Oct. 27 (Bloomberg) — Five straight quarters of losses and a 70 percent slide in its stock this year haven’t stopped Merrill Lynch & Co. from allocating about $6.7 billion to pay bonuses. Goldman Sachs Group Inc. and Morgan Stanley, both still on track for profitable [...] |      | ||||
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