Note To Obama - Bullshit! - Fire Geithner --- He Helped Negotiate the GD Bonuses

A lot of people are writing about the outrageousness of the AIG blackmail on these bonuses. The New York Attorney General has just announced AIG has only a few hours to turn over the names of the recipients of these contracted bonuses, along with more details about the contracts themselves.

Why? Because they are something sort of like a blackmailer who points toward your kid. Your kid has a vest on. The blackmailer put it there. It is loaded up with Semtex pouches that are wired to a detonator. The blackmailer shows you the controller of the detonator. It is in the blackmailer's hand.

Marcy Wheeler at emptywheel has written incisively about this today:

The Semtex in the AIG Retention Contracts