March 19, 2009
The AIG bonus scandal probably won’t lead to any forced return of those bonuses after all. Instead, what emerged from the House Financial Services Committee hearing on AIG’s payment of $165 million in bonuses to executives was that there probably isn’t a legal way to avoid paying those bonuses now. Despite the expressions of outrage […]
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March 19, 2009
When the former American ambassador Charles “Chas” Freeman last week decided not to accept his appointment as chairman of the National Intelligence Council, many people, particularly in the Middle East, put this down to the workings of the pro-Israel lobby in Washington. Mr Freeman, in a departing salvo, substantiated that interpretation. However, his Arab defenders […]
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