The federal pay czar recently said he would cut AIG execs salaries. The execs whined, saying they would quit. You guessed it. The pay czar then showed the spine of a jellyfish, meekly backed down, and exempted them from pay cuts.
U.S. government’s wimpiness with Wall Street hits a new high
It’s worse than wimpiness. It’s craven and deliberate complicity with the same people who share huge blame for cratering our economy. There appears to be no separation whatsoever between government and the banksters now. Whatever the banksters want, they get, making a mockery of the government itself.