Wednesday, March 25, 2009

Oh, Snap!

There's an outraged op-ed in the Times today from an offended trader at AIG financial products, angry at getting tarred with the same brush as the people who brought down the company.

And then there's Andrew Leonard's point:

DeSantis received a bonus payment on March 16 of $742,006.40. But he's going to donate all the after-tax proceeds to charity, and he can do that because "I have benefited more than most during the economic boom and have saved enough that my family is unlikely to suffer devastating losses during the current bust."

If you are in a position to donate more than half a million to charity and your family finances are still secure enough during one of the worst recessions in American history that you can blithely quit your job, then you are sitting squarely within the most privileged sector of U.S. society. You are still living a life that is out of reach to the vast majority of Americans.

And I just don't think most people will care how betrayed you feel.

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