Sen. Grassly: suggests that firm execs should resign or kill themselves

[liberal N proud]

WASHINGTON - From the White House to Capitol Hill, outrage continues to grow over insurance giant AIG's executives receiving $165 million in bonuses after taking billions in federal aid.

President Barack Obama called the company reckless and greedy, Congressional Democrats threatened to tax the bonuses into oblivion, and a Republican lawmaker from Iowa even suggested that AIG leaders should take a Japanese approach toward accepting responsibility for the collapse by resigning or killing themselves.

"Obviously, maybe they ought to be removed," said Sen. Charles Grassley during an Iowa City radio interview on Monday. "But I would suggest the first thing that would make me feel a little bit better toward them if they'd follow the Japanese example and come before the American people and take that deep bow and say, I'm sorry, and then either do one of two things: resign or go commit suicide."

http://www.msnbc.msn.com/id/29733519?GT1=43001

[islandmkl]

1. man, i hate agreeing with an asshat like grassley...

[orestes]

3. Same here.

This makes me think of a line from the movie Serenity:

"In older, and more civilized times, when men failed as entirely as you have, they would fall down on their swords."

Someone should pass out some swords to some of these execs.

[liberal N proud]

5. That was my thought

[rurallib]

2. He should say the same about Republican administration leaders

who failed in their jobs to provide oversight to stop this from happening.
But he won't because Chuck's a practicing hypocrite.

[TahitiNut]

4. Seppuku is only for HONORABLE folks.

Moral Hazard and Honor are sadly extinct in American business.