Did everyone see this article on how AIG is paying $165 MILLION in bonuses?
http://www.cbc.ca/money/story/2009/03/16/aig-bonus-outrage.html
Another shining star for Obama for being the voice of reason and calling for this to be stopped. There's some criticisms in the comments section of this article for Obama's bail out plan, but I can't really comment on that. I just think these bonuses are totally contradictory to common sense...
Come on people!!! Insanity!!!
Let me introduce myself
8 years ago
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hell yeah it is! i'm wondering if there will ever be a fix for this though. i think it's human nature to keep gobbling up the money no matter what's going on around us, so i'm anxious to see what plays out.
ReplyDeleteThat made me sick.
ReplyDeleteHi J,
ReplyDeleteYeah, I agree with you on the human nature bit (and on the sick bit, FB). The AIG exec's should all have to keep public pf blogs as part of their penance. Personally, it has really helped me be less of a cash guzzler :)
AIG Exec #1, Net Worth: $9,999,999,999,999 :P