Ezra notes that "it's really worth distinguishing what are two separate arguments. The first is that we can't claw back the bonuses. That's what outside counsel told AIG Chairman Edward Liddy (Liddy was appointed by the government in 2008 and will not receive any bonuses)...
upper-class twits of the year
Via Hilzoy and Somerby, I'm afraid that this is not from The Onion:My taste for luxury has evolved somewhat—I'm not nearly as taken with the M&Ms in the mini bar—but.