AIG: The Commentary

Something about the AIG story is bringing out strange reactions. Chuck Grassley:

“In a comment aired this afternoon on WMT, an Iowa radio station, Grassley (R-Iowa) said: “The first thing that would make me feel a little bit better towards them if they’d follow the Japanese model and come before the American people and take that deep bow and say I’m sorry, and then either do one of two things — resign, or go commit suicide.” (…)

Nobody else has suggested hara kiri for AIG executives, and Grassley’s spokeswoman tried to make clear the senator didn’t really mean it.”

Meanwhile, Paul Kedrosky has a post called “The Case For Waterboarding AIG Execs”. (No, he’s not serious either.)

Mel Martinez has one of the dumbest comments on the whole affair:

“”What executives have done is troubling, but it’s equally troubling to have government telling shareholders how much they can pay the executives,” said Sen. Mel Martinez (R-FL).”

Um, Senator Martinez: who exactly do you think owns 79.9% of AIG’s shares? Or do you just object to the government talking to itself?

All very peculiar.

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