While I would be against a general tax on “high bonuses” (the article isn’t clear), I think the AIG controversy really boils down to this statement:
The company insists the payouts are needed to keep talented executives on the payroll,
The key words being “talented executives.”
These “talented executives” running a small sideline business have shown the talent to take down the largest insurance company on Earth. If this is the kind of talent AIG is trying to keep, I have a hard time fathoming who they would fire.