Bankers Should Take Option Two

Posted on March 18, 2009

While it comes from an unexpected quarter, we appreciate the sentiment — for sepukku, press 2:

AIG has drawn intense fire from the public, politicians and President Barack Obama for accepting up to $180 billion in government aid and then handing out the [$165 million] bonuses.

The rhetoric in Congress took on a macabre tone on Monday when Chuck Grassley, the top Republican on the Senate Finance Committee, he would feel better if AIG’s top managers were to “take that deep bow and say ‘I’m sorry’ and then either do one of two things: resign or go commit suicide.”

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