aig rewards incompetence: STOP the $165M bonuses. If the AIG managers don't like it, LET THEM SUE!
- 03/16/09 02:25 PM
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 … (17 comments)
aig rewards incompetence: AIG's $165 MILLION bonus to incompetent managers CAN'T BE STOPPED? Are they freaking serious?
- 03/15/09 07:27 PM
This boggles the mind. AIG's CEO Edward Liddy defends the "need" to hand out MILLIONS of dollars to their managers because it is critically important to keep top people on board... ...and that "If we don't do that, we will not be able to pay back the federal government." WHAT? This is the same AIG who receivd a $173 BILLION taxpayer bailout? ...and they're now paying $165 MILLION in employee bonuses? Bonus for what? For driving the company to the ground. For performing so dismally that the federal government has to bail them out? And they want to keep the same incompetents? And worse, … (12 comments)
Let's see...
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