Will Geithner plan quell AIG outrage?
The AIG story got more appalling all day Tuesday. I got stuck early on this paragraph from a New York Times story about state Attorney General Andrew Cuomo’s finding that 73 AIG employees received bonuses of $1 million or more: “Mr. Cuomo did not name the bonus recipients, but the numbers are eye-popping, given A.I.G.’s fragile state. The highest bonus was $6.4 million, and six other employees received more than $4 million, according to Mr. Cuomo. Fifteen other people received bonuses of more than $2 million, and 51 people received bonuses between $1 million and $2 million, Mr. Cuomo said.