1) Last time I checked, docking bonuses for bringing down THE ENTIRE ECONOMY was not considered an "arbitrary adjustment." It's a very rational adjustment.
We cannot attract and retain the best and the brightest talent to lead and staff the A.I.G. businesses — which are now being operated principally on behalf of American taxpayers — if employees believe their compensation is subject to continued and arbitrary adjustment by the U.S. Treasury.
— Edward Liddy, chief executive, American International Group
2) As others have said, these are the best and the brightest? Clearly not, what with the whole BRINGING DOWN THE ENTIRE ECONOMY thing.
3) I think I know a finance guy who is in need of a job. His name is EVERYONE WHO USED TO WORK AT BEAR STEARNS. Let me see if I have his number around here...