Today he called the $165 million in bonuses distributed by the bailed-out insurance giant AIG "chickenfeed," and said efforts by the Obama administration and the Congress to get the funds returned were dangerously confiscatory.
So to continue his one-microphone crusade against Obama, El Rushbo had to ridicule efforts to get back $165 million in taxpayer dollars.
Payments that Rush said made sense, as these so-called retention bonuses kept key employees working...while they were shutting down the very arm of AIG that helped run the company into the ground.
CNN is reporting that 15% of those receiving retention bonuses, some amounting to more than $3 million, have already left AIG.
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