JawsBlog

3/16/2009

AIG in the pressure cooker

Filed under: New York City,Politics — Jaws @ 8:52 pm

It’s not wise for AIG to pay out bonuses to the same execs who have lead it to it’s current state.

But just like that, AG Cuomo is all over AIG, even harsher than he has been on BoA over Merril’s bonuses.

One can’t help but wonder, where City Hall happens to stand on the issue. On the one hand, there’s the popular outrage–on the other, the City is desperate for tax-revenue (which the bonuses would provide).

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