There really isn't much I can add to the hue and cry following AIG's announcement Saturday that it would be shelling out $100 billion in bonuses to some of the same clowns who got them into the derivatives mess in the first place. No less than the President himself has vowed to block the move with every legal means at his disposal.
Aside from the initial reaction of shock and disgust, however, the next thought that came to mind was that AIU Holdings Inc's recent separation from the insurance industry's answer to Marie Antoinette was a stroke of timing genius.
We recently interviewed John Q. Doyle, who now heads up AIU's domestic division (read the article)
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