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Thread: A.I.G. Planning $165 Million in Bonuses After Huge Bailout

  1. #11
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    Re: A.I.G. Planning $165 Million in Bonuses After Huge Bailout

    Bonuses....

    That is not a term I wish to ****ing hear during any sort of economic troubles. Since when did we pay people to screw up? If I haphazardly lose all the money in the bank account, my dad might give me some money just so I don't starve to death, but he sure as hell won't give me a bonus because I did a good job by telling him my bank account was eating itself.
    "I do not underestimate the ability of fanatical groups of terrorists to kill and destroy, but they do not threaten the life of the nation. Whether we would survive Hitler hung in the balance, but there is no doubt that we shall survive al-Qa'ida." -- Lord Hoffmann

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    Re: A.I.G. planning huge bonuses after $170 billion bailout

    This all works very favorably for lawyers. Bankers will now become the occupation that people make jokes about for the next 25 years.


    Q: What do you call a thousand bankers at the bottom of the ocean?

    A: A good start!

  3. #13
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    Re: A.I.G. planning huge bonuses after $170 billion bailout

    All of those AIG executives are Republicans

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    Re: A.I.G. Planning $165 Million in Bonuses After Huge Bailout

    no worries about the CEO bonuses, I'm sure the money will somehow trickle down to the poor and stimulate the economy </snark>

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    Re: A.I.G. Planning $165 Million in Bonuses After Huge Bailout

    Moderator's Warning:
    A.I.G. Planning 5 Million in Bonuses After Huge BailoutThreads merged.
    Quote Originally Posted by faithful_servant View Post
    Being a psychiatric patient does not mean that you are mentally ill.



  6. #16
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    Re: A.I.G. Planning $165 Million in Bonuses After Huge Bailout

    I really think Obama should make an example out of these executives.

    I hate to use the term 'sacrificial lambs' but that is exactly what should be made of these execs. It would be both ethical as well as great politics to lay down the law and set an example.

    The more dramatic the better. Perhaps sending federal agents to take back this $165m that has been stolen from the tax payer for reasons clearly not related to maintain AIG's ability to meet its business obligations.

    One thing is clear: Obama cannot merely talk about how these execs are being bad boys and that next time we won't give them so many billions. Hell no, that reeks of incompetence and naivete. Instead, Obama needs to make sure that no one ever takes the US taxpayer for suckers again.
    down for you is up

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    Re: A.I.G. Planning $165 Million in Bonuses After Huge Bailout

    Quote Originally Posted by Joby View Post
    I really think Obama should make an example out of these executives.

    I hate to use the term 'sacrificial lambs' but that is exactly what should be made of these execs. It would be both ethical as well as great politics to lay down the law and set an example.

    The more dramatic the better. Perhaps sending federal agents to take back this $165m that has been stolen from the tax payer for reasons clearly not related to maintain AIG's ability to meet its business obligations.

    One thing is clear: Obama cannot merely talk about how these execs are being bad boys and that next time we won't give them so many billions. Hell no, that reeks of incompetence and naivete. Instead, Obama needs to make sure that no one ever takes the US taxpayer for suckers again.
    He might get away with declaring the crisis was so drastic he must declare marshal law and that gave him the authority to do such things.

    Sounds like a hellava good idea to me. 'course I'm not one who would have to live under it.

  8. #18
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    Re: A.I.G. Planning $165 Million in Bonuses After Huge Bailout

    Quote Originally Posted by TOJ View Post
    He might get away with declaring the crisis was so drastic he must declare marshal law and that gave him the authority to do such things.
    He already does.

    It's right under the part that gives him the authority to give billions of taxpayer dollars to private corporations. That is, give them billions for doing us no other service than fail miserably.

    Sounds like a hellava good idea to me. 'course I'm not one who would have to live under it.
    So do you not live in the US or do you not pay taxes?
    Last edited by Joby; 03-16-09 at 02:30 AM.
    down for you is up

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    Re: A.I.G. planning huge bonuses after $170 billion bailout

    Quote Originally Posted by WillRockwell View Post
    All of those AIG executives are Republicans
    Really? Source?

  10. #20
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    Re: A.I.G. Planning $165 Million in Bonuses After Huge Bailout

    As I understand the situation, AIG is paying 'bonus's' already contracted for 2008, it is a legal requirement that these be paid.
    I have read that the top six executives currently running AIG have refused to accept these 2008 Bonus's.
    It is also my understanding that 2009 Bonus's will be decided at a later date.

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