Monday, March 16, 2009

IOWA'S GRASSLEY WANTS TO BRING HONORABLE ENDING TO AIG AFFAIR

Sen. Charles Grassley is so angry over AIG bonuses that he says the executives should resign or kill themselves. 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.”
In response to a POLITICO inquiry, Grassley spokeswoman Jill Gerber clarified Grassley’s comments, saying “clearly he was speaking rhetorically – he meant there’s no culture of shame and acceptance of responsibility for driving a company into the dirt in this country. If you asked him whether he really wants AIG executives to commit suicide, he’d say of course not.” “Point being, U.S. corporate executives are unapologetic about running their companies adrift, accepting billions of tax dollars to help, and then spending those tax dollars on travel, huge bonuses, etc,” Gerber said.
READ A LETTER OF EXPLANATION TO SECRETARY GEITHER FROM CEO LIDDY OF A.I.G. CLICK HERE FOR THE E-PAPER.

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