Liddy recently wrote a letter to Treasury Secretary Timothy Geithner saying the bonuses must be paid to the AIG executives because, otherwise, their morale might suffer.
“We cannot attract and retain the best and the brightest talent to lead and staff the AIG businesses — which are now being operated principally on behalf of American taxpayers — if employees believe their compensation is subject to continued and arbitrary adjustment by the U.S. Treasury,” Liddy wrote.
he best and the brightest? Is this guy serious? As of Sunday, AIG stock had gone down 99 percent over the past year because of these geniuses. But we have to worry they might quit and go elsewhere?
Liddy is scheduled to appear at a congressional hearing Wednesday. Actually, I would feel better if he were going on “The Daily Show With Jon Stewart.” That guy really knows how to interrogate.
There are more than 1.14 million lawyers in America.
And believe me, we can find a lawyer to say we don’t have to pay these bonuses.
