Friday, March 20, 2009

Scandal! Outrage!

Get the torches and pitchforks, friends. Have you heard? AIG spent nearly 1/10th of 1% of their government bailout money to pay previously-contracted bonuses for employees who had no connection to risky securitizations! Scandal! Outrage! Wait, that's not quite how you've heard it on the news? Huh.

Randall Monroe has great commentary, as usual:

Of course, when you live to be outraged, it's a lot more fun to pretend the latter.

1 comment: