Monday, March 16, 2009

AIG Bounus

"Under these circumstances, it's hard to understand how derivative traders at AIG warranted any bonuses, much less $165 million in extra pay,"

My President at the white house



I like most taxpayers, am outraged at the thought of paying bonuses to people who have cost us hard earned money. As an employee of a publicly traded company I find it difficult to believe that anyone at AIG would be able to claim a bonus this year, or next for that matter. I cant believe that a retention bonus would be paid to anyone who lost a company so much money, let alone the bad press.
Who would invest in such a company? I would think only a moron, or perhaps the US government...

Lets own up to this one, we (all Americans) now own this company.

How are we going to get past the fear of allowing these firms to fail?

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