The Sciences

The AIG Lynch Mob Is Out!

Gene ExpressionBy Razib KhanMar 17, 2009 6:10 PM

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Readers were right. I posted about the idea of shaming the AIG execs, but events move faster than thoughts:

A tidal wave of public outrage over bonus payments swamped American International Group yesterday. Hired guards stood watch outside the suburban Connecticut offices of AIG Financial Products, the division whose exotic derivatives brought the insurance giant to the brink of collapse last year. Inside, death threats and angry letters flooded e-mail inboxes. Irate callers lit up the phone lines. Senior managers submitted their resignations. Some employees didn't show up at all.

I wonder if older commenters could leave thoughts about analogous situations that they can recall?

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