Posts Tagged ‘Bailout’

Dear Boss, Where’s My Bonus?

Tuesday, March 17th, 2009

The AIG bonus fiasco has been very enlightening. Giving incompetent employees huge bonuses, so they won’t resign? And with taxpayer cash yet? What a concept!

I think all of us who still have jobs should send our bosses a letter like this:

Dear Boss, Where’s My Bonus? (Limerick)
By Madeleine Begun Kane

Dear boss, where’s my bonus and raise?
I expect lots of cash — no delays.
Though my work surely sucks,
I deserve all those bucks.
Ain’t it great that incompetence pays?

Who Needs Oversight, When You’re Spending Money You Don’t Have?

Wednesday, December 3rd, 2008

According to the GAO, TARP (the gazillion dollar Troubled Asset Relief Program) is seriously lacking in oversight. Why? Because of a single Senator’s anonymous block on the program’s IG (Inspector General) nominee.

Sen. Max Baucus, the fellow who made sure the TARP bill provided for an IG, isn’t too pleased. And that brings me to my latest limerick:

I’m never a person to carp,
But nobody oversees TARP.
One anonymous “hold”
Stopped the process out cold
Of confirming an IG who’s sharp.