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420 Comments
- Heysal, on 03/29/2009, -41/+129Get used to it or get out - do not expect sympathy from the public who has been crushed.
We aren't bleeding for you any more. Trust me on that one. - sjbdallas, on 03/30/2009, -12/+100I understand where she's coming from but you take a huge chance when you choose to work in an industry that produces nothing.
She didn't care about where the money came from for the previous 14 years when anyone with half a brain should question how millions of dollars can be generated by simply breaking someone else's money into smaller and smaller chunks, or selling insurance on the insurance of the insurance of that money. - inactive, on 03/29/2009, -28/+115QQ some more. When you start having to decide between paying for meals and paying for medicine, we'll start caring.
- edstate, on 03/30/2009, -31/+103Sure, it's easy to hate the rich guys after all this craziness... and even revel in the collective shottenfreud. It's natural, and absolutely warranted. But beware. This woman, however contemptible, actually has a point. We have failed to see AIG's side to all of this (and they do have a side), and that is a mistake. It doesn't make this woman right, or even deserving of our sympathies. But once we dismiss her, or deride her because of our own prejudices -only-, we've lowered ourselves to what we perceive her level to be, and beyond. And, truth be told, 98% of the people throwing stones here have no clue what this woman's side, and AIG's side of the "bonus story" is. And for that, shame on us as well.
- jhbarr, on 03/29/2009, -12/+56Someone needs to send her this. http://digg.com/politics/AIG_Exec_Whines_and_We_re ...
- jhbarr, on 03/30/2009, -7/+46Someone in the comments section of the article supposedly found some AIG exec's expenses:
$10k a month for a house in London
$2k a month for a house is Connecticut
$1800 a month for "utilities"
$30k a year for their kid's school
Sell one home, downsize the other and put the kid's in public school. Problem solved. - morningmatters, on 03/30/2009, -3/+41It's odd that she is complaining about her kids' education funds when most people don't have them. That is not going to win a lot of sympathy from anyone, really. Fortunately for her (and other Americans) her kids can always apply for financial aid and student loans.
- NathanLoehlein, on 07/27/2009, -11/+49Exactly. How much would he be making if we had let AIG fail?
- MerriMrs, on 03/30/2009, -19/+56The comments on this thread definitely show how class warfare is alive and well in America!
- AmazingSteve, on 03/30/2009, -51/+86***** you lady.
- TheMachine1, on 03/30/2009, -15/+47There were some low life bastards that sold life insurance policies to Jews in Europe during WWII knowing they would never pay any claims. AIG sold a lot of worthless insurance policies on securities with no real plan to pay those claims. So your bonus was based on insurance fraud.
- Scotepi, on 03/30/2009, -9/+40You still have a salary for $100,000+/year get over it
- Quactaur, on 03/30/2009, -0/+29And here lies the problem. If you read the article, you'd see that he seems to work in IT, for the company. Not everyone who works for AIG is a crooked, corrupt banker.
The whole point of the article is that the company (and a number of others like it) merge bonuses and salaries, and many people work on an inadequate salary in the expectation of a bonus to supplement it.
The simple fact is that he could have left AIG if it wasn't for their tactics and payment policies, which forced him to stay on or risk losing pay.
I for one feel sorry for this family, they were clearly prudent savers, just saving in company reinvestment they were coerced into, and lost out as a result - Hetman, on 03/30/2009, -9/+38If these people cannot even deal with there own finiancis why the hell is he working for AIG in the first place?
- Demener, on 03/30/2009, -6/+35Should've left the sinking ship back in Oct then when things went downhill.
Whole industry is overpaid. You make a fortune during the good you better expect hard times during the bad.
No one forced you to sign a risky payment method. - inchrnt, on 03/30/2009, -7/+35oh, no! rich people feeling the effects of the economy....
sorry, no sympathy here - topgigmedia, on 03/30/2009, -5/+30This self-entitlement, boo-hoo crap makes me ill. You ma'am are so out of touch with the reality of so many of us - it is time you learned a very important lesson. - Reap what you sow.
- thep1mp, on 03/30/2009, -6/+31"Could you do that? Go 3 months without getting paid. Amazingly we managed."
yes, i had to. I work for an auto parts supplier , and after the shenanigans pulled by AIG and others ,I have been laid off sporadically without pay. I have another month coming up , too . ***** her. - mediaphile, on 03/30/2009, -8/+334 figures lol.
At least you have a job that gives bonuses.
At least you have a job.
She's worried about college funds. Others have lost their businesses, their homes, everything. It's quite a stark contrast. The worst that happens to this woman and her family is her kids have to try to get through college on grants and loans like the rest of the country. Boo ***** hoo. - iceman0113, on 03/30/2009, -7/+32"The year before they had moved our payment from December to March. Yes, we had budgeted for 12 months and it suddenly turned into 15. Could you do that? Go 3 months without getting paid. Amazingly we managed."
A-*****-gain, live below your means. Just because you make 100k a year, does not mean you should spend all 100k in that year. Rent or move into a smaller house. If you can live for 15 months without getting paid, then shift your money around and make it last even longer. - kurttrail, on 03/30/2009, -8/+33If it weren't for us, AIG would have gone down the tubes, and her husband wouldn't have a job at all.
Would she like that alternative any better?
Though I do agree that Cuomo probably is guilty of extortion. - Obsidian743, on 03/30/2009, -6/+30She's not convincing anyone that they roll around in a 12-year-old car and don't own a house. They're being chauffeured around in limos, going to the spas, and living at resorts or company-owned property. She's not going to convince the hundreds of millions of lower/middle class Americans that have never seen a bonus EVER, let alone one worth hundreds of thousands or even millions of dollars, that she has a pot to piss in. What she's really whining about is that she might have to forgo living a lavish lifestyle instead of coming down to the same level as the rest of America. You know what: boo-hoo, you bitch.
- nigelmansell, on 03/30/2009, -19/+42wife of AIG executive:
go snort some cocaine
and then bang your poolboy
thanks for writing - xexx, on 03/30/2009, -5/+26Funny that she never mentions any numbers. Who needs to own a home when you can move around at leisure because you make enough to buy 2 or 3 upper middle class homes in a year. When normal americans go into a business that goes bust, they usually take a huge loss... when AIG execs do it, they get paid for helping it fail... boohoo.
- LilRabbitFooFoo, on 03/30/2009, -3/+23Note that these scumbags set up their pay to BYPASS paying their fair share of taxes like "the little people" have to do. They take as little salary on the front end (taxed at 30+%) and back end load the bonuses etc. (which for ONLY those on Wall Street are loopholed at 15%!!).
So, this is just another gamble they LOST because they've been gaming the system for a decade now, not paying their fair share ...ever. On top of working for a company that is at the center of tanking the world economy. - Pasaris, on 03/30/2009, -1/+21Not getting your bonus is better than losing your job and not getting your bonus. If this woman's husband is marketable, let him find work elsewhere.
- bobbi21, on 03/30/2009, -3/+22I'm pretty sure most doctors and surgeons aren't hated. A lot of those dot com millionaires probably aren't hated. Engineers aren't hated, architects aren't hated.
People who do work that deserves the money aren't hated. ppl who ruin the economy due to their own greed are hated. ppl who get money for doing nothing are hated (and thats still pretty rare. Most ppl still love sports figures and celebrities) - inactive, on 03/30/2009, -5/+24No, there's no sympathy for those who complain and are still living far more comfortably than the thousands upon thousands who are completely out of work and *****.
- JohnILM, on 03/30/2009, -3/+21So she agrees, AIG sucks.
- Scrappy1850, on 03/30/2009, -0/+17they are allowed to spend as they choose, just dont bitch when it bites you in the ass.
- LilRabbitFooFoo, on 03/30/2009, -8/+25Note that these scumbags set up their pay to BYPASS paying their fair share of taxes like "the little people" have to do. They take as little salary on the front end (taxed at 30+%) and back end load the bonuses etc. (which for ONLY those on Wall Street are loopholed at 15%!!).
So, this is just another gamble they LOST because they've been gaming the system for a decade now, not paying their fair share ...ever. On top of working for a company that is at the center of tanking the world economy. - edstate, on 03/30/2009, -1/+18It was told, on capital hill by Liddy himself... the guy that graciously took the job for $1 a year, and then was berated publicly like some jerk.
AIG has many lines of business. The "mortgage" business (CDSs) was the culprit, but most of their other, more traditional insurance businesses did pretty well. When the ***** hit the fan, the "mortgage" wing fell apart. And when Liddy joined he had to pick from the rest of the employees to switch over and clean up the mess. A lot of them were skeptical, and didn't want anything to do w/ that, but they were assured, time and time again, that their bonuses (earned for working in the better, more profitable divisions) were "safe".
That's it. - inactive, on 03/30/2009, -3/+20Shottenfreud, huh?
- northwatuppa, on 03/30/2009, -8/+24These people were expecting to benefit from fraudulent and dangerous practices that placed the entire global economy in danger. At some point, they have to pay the price for willfully ignoring the wrongness of the actions in which they participated. Why should they expect not to suffer any adverse consequences when all the rest of us are paying the price for their immorality?
They were actively cheating the entire economy and now *they* claim they were cheated? It's like bank robbers complaining that they didn't get a big enough share of the loot, or got too long a jail sentence for their participation. - inactive, on 03/30/2009, -5/+21seriously, if your employer assured you of a salary or bonus, and even went as far as sign a binding contract, and then it was pulled out from under you, you wouldn't feel betrayed.
There may be many of these execs who are receiving what are considered unjust bonuses, but I suspect there are just a many others who are just getting completely hosed - OneOfNone, on 03/30/2009, -2/+17No. Privatization of profits and socialization of risks shows that class warfare is alive and well. Neither (or both) should be socialized in a fair system.
You screw up, you face the consequences - it should be the same for bums and billionaires. There are differences though: bailing out a bum is much cheaper, charitable, and tax-deductible (instead of tax-increasing). - DigitalisAkujin, on 03/30/2009, -6/+21Does she not realize her husband would have no job at all if the government didn't bail them out?
- licnyc, on 03/30/2009, -5/+19shhh- I hear a very tiny violin playing.
- aaronbourret, on 03/30/2009, -3/+17Alot of insurance companies out there hiring now that I hadn't heard about?
- darkheritage, on 03/30/2009, -3/+17I completely fail to see why the hell you would work for an entire year with the idea of getting one big pay out bonus at the end, instead of a real reflective salary. Seems a little risky and stupid to begin with, I'm sure it has to do with the major companies fudging the numbers for auditing time.
Bitch a little more about how you lost your retirement... so did the rest of us when your husband's company was one of the keys in destroying the economy.
Oh and your poor kids college fund... send them to a nice community or state college instead of Yale, like the rest of us do.
No sympathy here. - northwatuppa, on 03/30/2009, -9/+23What you mean is that the wealthy have been engaged in and winning an all out war against the middle and lower economic classes, until very recently. Now that the tables are turning, they start yelling "Class warfare!" GIVE ME A BREAK.
- radison2, on 03/30/2009, -7/+20Oh I totally get it. Those on the bottom are never going to feel bad for those on top nor should they. I just think if they were promised something in writing and it was counted upon as part of their salary it is owed to them.
I also think that each person in AIG geting a bonus should be looked at as far as what they actually do for the company. If you work for the dept that was playing poker with other people's money then you don't get a bonus. If you were in the IT dept and you were promised a bonus you should get it. - TotalDouche, on 03/30/2009, -12/+25Just reading the title made me want to vomit.
- eternal464, on 03/30/2009, -3/+16i didn't see that earlier, but it's pretty damn good.
A verbal raping of all AIG Executives that never deserved what they got paid anyway. The world isn't fair, firefighters scrape by, Paramedics work multiple jobs as it isn't uncommon for a standard job to pay below poverty line, yet sports players make millions for being good at a game, and bank execs make millions in an industry with no sense of reality.
Change is hard isn't it? A little kicking and screaming is expected when you take the bottle from a baby, if it is a 40 year old rich snob. - inactive, on 03/30/2009, -4/+16Let's see... we could've just let AIG fail. Then, this lady would have no one to whine to.
- bigteebo, on 03/30/2009, -4/+16wife don't like the hate
pitchforks and torches, oh my
close Rolls Royce window! - Dustin00, on 03/30/2009, -2/+14If you're a good employee and your company lets other employees do something so terrible it destroys the world economy and sends the company crawling to the governement for BILLIONS, it's time to find a new employer.
- ux4all, on 03/30/2009, -0/+12It's a complete and obvious loss of perspective. The fact is that her husband, directly or indirectly, has cost the nation over a TRILLION dollars. The problem here is that she can't accept the fact that her husband is a tool. She can't accept that instead of demanding payment, they continued on and on (like a LOTTERY).
Sometimes life isn't fair and sometimes you work hard and DON'T get what you deserve. Get in line behind the ENRON employees who were guaranteed money. - homercles337, on 03/30/2009, -2/+134 figures lol? Youre an asshat. Im a scientist in the public/nonprofit/academic sector (working on methods, algorithms, statistics, etc to help find cures/treatments for many human illnesses) and im lucky to get a COLA. That, and im rather underpaid, even after 9 years of post-secondary education. Bonus? *****, WTF is that?
- serif69, on 03/30/2009, -2/+13"Fortunately for her (and other Americans) her kids can always apply for financial aid and student loans. "
And get denied because their parents make too much money. So then they're left with no college fund and no financial aid. I know. It happened to me. -
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