That’ll Work

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March 18, 2009 9:40 a.m.
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AIG CEO Edward Liddy: We’ll ask the bonus recipients to give half the money back.

Late Update: If being paid a $1 a year as CEO shields Liddy from serious criticism and being held accountable, then let’s pay the guy a real salary. It’d be worth a million a year of taxpayer money not to have to watch congressmen pandering to Liddy’s sanctimony.

Later Update: Some more about Liddy. He was on the board of Goldman Sachs before becoming AIG’s CEO. Before that, he was CEO of Allstate from 1999-2006. And this I didn’t know: He was CFO under Donald Rumsfeld at Searle back in the 1980s when Rummy was CEO.

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