Yesterday I argued that AIG employees should keep the multi-million-dollar bonuses that have created a public outcry in the United States, despite the fact that the company has been handed billions of tax dollars to stay afloat. That post forced another journalist to reply: "Yes, and Haliburton should not be ...

OK, here is the deal. I am like a lot of people who don't take home millions, although I once thought I was gonna be the next Jeff Skoll thanks to stock options that I (supposedly) had as City of London venture capitalist back when Whoopi Goldberg was pushing Flooz.com. ...

The capacity of the banks to shock and outrage seems infinite these days. The impression I get now is that the financial sector is out of control and needs to be reined in. Stop them before they kill the economy again. Let’s deal with two recent items.

Former Merrill Lynch CEO John Thain spent over $1 million refurbishing his office and, as the Financial Times of London reported, was mulling over a $10-million bonus for himself while rushing through $3- to $4-billion in bonuses to Merrill Lynch employees that became effective Dec. 29 -- a day or so ...

Finally, someone is going after bankers’ bonuses. Hurray, I say. I’ve been pontificating on getting those bonuses back, so it’s nice to see some confirmation we’re not tilting at windmills.

Lehman Brothers paid out bonuses of $5.7 billion (U.S.) to its employees in 2007. Nine months later, the Wall Street investment dealer goes bankrupt. There is something wrong with this picture.