This crisis has brought a burst of creativity in the development of indicators of pain, from the subprime implode-o-meter to the downgrade-o-meter for structured securities. Perhaps it is time for the outrage-o-meter. Its needle would have jumped off the scale this week as America's public, politicians and media huffed and puffed over the $165m in bonuses paid to members of the financial-products division that brought down American International Group (AIG). Troubles in that unit have forced the government to bail out the giant insurer, so far to the tune of $173 billion.
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