That’ll Work

March 18, 2009 9:40 a.m.

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.

Masthead Masthead
Editor & Publisher:
Executive Editor:
Managing Editor:
Senior Editor:
Special Projects Editor:
Investigations Desk:
Senior Newswriters:
Editor at Large:
General Manager & General Counsel:
Executive Publisher:
Head of Product:
Director of Technology:
Publishing Associate:
Front-End Developer:
Senior Designer: