In the rush to pat themselves on the back for their coverage of the AIG bonus scandal the mainstream media folks missed probably the best round of questioning of AIG CEO Edward Liddy and new information about more bonuses. Thats what happens when you already have a meme framed and are just looking for information to further it. Had the media stuck around for/paid attention to Rep Elijah Cummings' questions there might have been a lot of different headlines this morning.
One billion dollars of bonuses would seem a lot more compelling to me than $170 million dollars worth.
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