washingtonpost.com — AIG plans Wednesday to pay another round of employee bonuses worth about $100 million, said several people familiar with the matter, a year after similar payments at the bailed-out insurance giant infuriated many Americans and inflamed Washington.
Feb 2, 2010 View in Crawl 4
civsFeb 3, 2010
so yes, let's throw good money after bad. brilliant. and then, i don't know, maybe we could bail them out again just for kicks! the great thing about this line of logic is that the more poorly they perform, the more it makes sense to hand them our money... increasing our dependence and obligation while eliminating any incentive for them to return on our investment! i would highly advise you to avoid casinos, my friend.
biffsockoFeb 3, 2010
If AIG is broken up, will it be able to pay back its loan? You probably need someone who understandsAIG and each piece that you want to break up it is worth, vs. AIG's value as a whole to make that sort of decision. Since AIG is in 140 different countries and runs hundreds and hundreds of businesses, the people that make those decisions would then have to know everything there is to know about those businesses as well. They would have to be experts in mergers and aquisitions too. You'd probably need to pay someone like that a bounus
thistlejackFeb 3, 2010
The problem with that argument is that a good chunk of the bonuses are going to folks who have already left the company....
verylargearrayFeb 4, 2010
mbraynard - I class you with these same guys paying out big bonuses
artworkz918Feb 4, 2010
yes it was. What part of Obama being an attorney for ACORN and sueing banks to make them give loans to poverty level people do you not understand?
yesitsme111Feb 7, 2010
here is the truth about it all about the Tarp Fraud wake up America Wake up<a class="user" href="http://www.youtube.com/watch?v=amzRNOOUJjU&amp;feature=player_embedded" rel="nofollow">http://www.youtube.com/watch?v=amzRNOOUJjU&amp;fea ...</a>
amazingsteveFeb 17, 2010
"Prior to all of this the firms in question had contractual obligations with their employees already laid out that they are now having to fulfill. That is the problem. These are not bonuses that they are throwing around since the taxpayers gave them a bunch of money, this is fulfillment of legal obligations written in 2007. As a nation of laws, we must follow our legal system in order to maintain a confident system. So thus the rock and hard place."Then they should be left to fail. Bankruptcy means those contractual obligations can go f**k themselves. Don't have the money to meet your comittments? Tough s**t. Life ain't fair.