More AIG

The New York Times DealBook blog and the business section contributors from Breakingviews.com have never seen a bonus that they do not want to pay out from our money. First, I have no idea why the New York Times needs to publish the usually silly and inane commentary of breakingviews.com, which I had not previously heard of before they started being published in the Times. Today, these two defenders of Wall St's status quo ante say that AIG should pay the bonuses for NEXT year, despite the outcry about this year's bonuses, to preserve the august division that is AIG Financial Products. See the piece here. Really, as Brad Delong writes, why can't we get a better press corp, NYTimes?