Storm Bear

Questions Congress Should Have Asked AIG CEO Edward Liddy

Filed By Storm Bear | March 25, 2009 1:35 PM | comments

Filed in: Politics
Tags: AIG, edward libby, gay cartoons and comics, humorous blog post, politics, webcomics

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My rage from the AIG pompousness has boiled away enough to type. Congress, however, still has me all a temper.

Yes there were some tough questions and accusations thrown at AIG but they were all formulated for the best play during their next campaign, not getting to the bottom of the debacle.

First of all, I want to know what we need to do to start getting rid of these guys. The severance question is still an unknown. I am pretty sure all these guys have massive golden parachutes that are outlined in bullet-proof executive compensation contracts. I am also pretty sure these severance packages will all run into the millions... just like the bonuses.

I bet the Republicans are glad the AIG meme is moving off the table this week, this will allow them to get back to their tax cut theology.

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I disagree with needing to get rid of Ed Liddy. He is not the one that ran the company into the ground. He was the one brought in by the government after they took it over. He's only getting pay $1 a year so that is why you are not seeing them ask those questions. So I guess contracts mean nothing to people. Hope any one who feels the same thinks long and hard about it void any contract they have.