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Showing posts with the label Liddy

AIG and the Mob

The poor, says the good book, we shall always have with us. Lately, we are not so sure about the rich. As information trickles down to the general public via news reports, the rich – which in Connecticut would be anyone in anyway associated with AIG, considered by many to have poisoned the public marketplace with toxic derivatives – are heading for the foxholes. Over in Scotland, an anti-capitalist vigilante group calling itself Bank Bosses Are Criminals attacked the house and car of Sir Fred Goodwin, the former chief executive of the Royal Bank of Scotland. “A storm of controversy has engulfed Sir Fred over the £16.9 million pension he negotiated as he was made to leave RBS for his part in bringing the bank to its knees,” the Times Online has reported. One of the ringleaders of the vigilante mob later e-mailed a helpful note: “We are angry that rich people, like him, are paying themselves a huge amount of money, and living in luxury, while ordinary people are made unemployed, destitu...