so congress did the right thing and declined to bail out lehman brothers - score one for rational thought. but did you know that - even as they were pitching for congress to bail them out - lehman was arranging millions of dollars in bonuses for its execs?
let's run that one up the flagpole again, just because it sounds so dreamy: the company was going down in flames. investors were losing their shirts. and they gave the poindexters who brought about the meltdown rewards.
in a footnote, aig sent its execs to a posh resort after it got a federal bailout. but did any aig execs invite you to enjoy the $440,000 in spa, golf course, or banquet time that you paid for? (we're betting no,unless they invited you and somehow forgot to invite us.)
if we needed any further proof that the banking industry can't be trusted with our money, we're betting this is it. (and that our own government can't be trusted to oversee squat, of course - but that's kind of a foregone conclusion, isn't it?)
