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TheCameraObscura | March 22, 2009 at 03:37 pm
In a showdown between Rep. Brad Sherman and CNBC Mark Haynes and Erin Burnett over the taxes on AIG bonus payments,
Sherman destroyed the two hosts who were desperately trying to defend the failed executives who ran AIG into the ground.
Rep: Sherman: What do AIG executives know about running a financial services company? They only know how to destroy one. We need some limitations on salary and bonus. The goal is to get them off the TARP system entirely. Give back the money and run your companies. This is about people who think they are really important but work at bailed out companies. I’m against bailing out Wall Street, period. If they want capitalism, let them have capitalism and give the money back.”
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