Congrats to Mr. Liddy for calling the people in question “the best and the brightest” – a description famously applied to the folks who got us into Vietnam.
And what would these folks be talented at? While getting someone else to pay for bankrupting a company is quite a talent it’s not one to reward.
Which is worse – losing a lawsuit or needing around-the-clock security for all your senior executives? I’m pretty sure the phrase “hanging is too good for them” is echoing around a lot of people’s minds right now.
BTW, the $165M in bonuses is in addition to a previously scheduled $121M:
Yep, more than a quarter of a billion bucks being paid to the folks who put the I in incompetent.
To quote Mr. Mencken: “Every normal man must be tempted, at times, to spit on his hands, hoist the black flag, and begin slitting throats.”
The politicians must be loving this, they are getting us to focus on the $165mm bonuses paid instead of their incompetence in this, and where the other $180billion or so was wasted. We should be focused on the 99.9% and not the .01%.
All the talk and the show trials of the bonuses, office decorations, severence et al, will pale in comparison to what our incompetent government is going to do to us by involving taxpayer money (debt) in something they helped create.
Very, very well said.