Giving Congress What It Wants

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So! Yesterday a bunch of jackhole Congressmen demanded, every hour on the hour (step aside, they've got a quota to meet) that Ed Liddy hand over the names of the AIG employees receiving bonuses. Because the firm has received many death threats, including one by decapitation, on the lives of its staff and their children, Liddy said that he would comply but only with the assurance the names weren't leaked to the press, which you'd think would be a reasonable request but No! No! Fuck that, gives us the names now, we're not going to agree to shit! a bunch of elected officials shouted back. (Barney Frank noted that he receives death threats like that all the time, quit yer bitching.) Anywho, Liddy held his ground but this morning the WSJhas a name. Only it's of an AIG exec who's giving his bonus back. And that doesn't make for a very good witch hunt, now does it?

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Dick Parsons Actually Gives Mike Mayo What He Wants

Is Mike Mayo the most powerful man on Wall Street, able to bend CEOs and bank chairmen to his will with the greatest of ease? If you'd asked us days ago we would have said "Well he does have a varsity analyst jacket but eh." Today? The answer is we have no idea but Dick Parsons is certainly helping make that case by not only complying with the demands of Mayo but doing so on his specified time schedule. [WSJ, Earlier: “I think that Parsons should leave in the next two weeks,” said Mayo on Feb. 23]