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STOP the $165M bonuses. If the AIG managers don't like it, LET THEM SUE!
Let's see...
AIG top executives claim it's a matter of contractual law and so they should get the bonuses because these were negotiated before the bailout. We're supposed to honor those contracts because we're a government of laws.
What a convenient thing for these crooks to say! Don't the American taxpayers now have 80% stake in this organization? Then we should be able to have a say so in such matters.
Here's a simple solution. Don't give it to them. And if they complain, tell them, SUE ME! Then see them try to explain why they deserve the bonuses.
Who are these incompetent managers? Why should we want to keep them? Why should we want to give them a bonus? They're the people who maneuvered this company on the brink of collapse, and nearly toppled our economy, and the international markets as well. Fire them! Better yet, put them in jail for dereliction of duty, for the business version of malfeasance, for mishandling of funds.
The current CEO was placed at AIG to put this company together. He should develop some balls to go against the old-time AIG managers who think they deserve the levels of executive compensation.
I am mad as ... more

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