From the Reuters/Forbes article this week:
Amid simmering outrage over $165 million in bonuses paid to executives at ailing AIG, Representative Barney Frank said on Monday it may be time to fire some people at the insurance giant.
‘These people may have a right to their bonuses but they don’t have a right to their jobs forever,’ Frank, a Massachusetts Democrat who heads the House Financial Services Committee, said on NBC’s ‘Today’ program.
From the CNBC article:
In an interview with CNBC, Representative Barney Frank says he wants to push for prosecution of the people who caused the country’s financial meltdown.
The Massachusetts Democrat says he has no specific targets in mind, but says the most significant thing lawmakers can do is make past bad practices illegal.
I have some suggestions for Mr. Frank:
And of course, the always-excellent Michael Ramirez adds his editorial flare: