POLITICS

Thomas Friedman On Bank Bailout: "Fairness Has Left The Building"

On CBS' Face The Nation this morning, New York Times columnist Tom Friedman weighed in on the financial crisis and the administration's plans to fight it, and said people should expect that whatever comes from the bailout of financial institutions, fairness will not be part of it.

"On the one hand fairness isn't on the menu anymore. Fairness has left the building," Friedman told host Bob Schieffer in regard to how the administration is handling AIG and today's news that the company has recently paid out $165 million in bonuses.. "From their point of view all that matters is avoiding systemic risks."

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