Catpaw – diary of an angry cat

US President Obama instructed the Treasury to look into the massive bonuses being paid to AIG staffers. AIG, which is seeking more huge government bailout funds and helped fuel the current economic meltdown, planned on handing out $165 million in bonuses to the same staffers who helped create the collapse. They say they are “contractually [...]

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The economic bail out seems to have had NO effect on some of the architects of the current fiscal disaster. AIG was bailed out last week. Guess what they did days after the bailout? Went on a huge retreat complete with lavish rooms, lots of spending.
Financial Products Manager Joseph Cassano, who was one of the [...]

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