Thread: AIG
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Old 03-15-2009, 10:09 PM   #100
sugarpop
Professor
 
Join Date: Nov 2008
Location: the edge of the abyss
Posts: 1,947
Quote:
Originally Posted by classicman View Post
Treasury objects to AIG bonus payments

..."Some of these payments are coming due on March 15, and, quite frankly, AIG's hands are tied," Liddy said, adding that he found the arrangements "distasteful."

But he said he would work with Geithner to resolve the issue.

An Obama administration official said it was unacceptable for Wall Street firms receiving government assistance to pay million-dollar bonuses, but concluded that the retention payments were legally binding...


I have nothing to say - I'm too pissed off.
ARRRGGGGGGGGGHHHHHH!!!!!!!!!

NO, THEY AREN'T LEGALLY BINDING! OK, I'm not a lawyer, but if we hadn't bailed them out, they wouldn't fucking be there! there would be NO MONEY, PERIOD. Just go through and fucking FIRE EVERYONE that isn't willing to live by the rules everyone else is being forced to live by! We OWN 80% of that company! and these assholes are the ones who caused the meltdown of the company in the first place!

ARRRGGGHHHHHHHHHHH!
someone please come over and stop me from tearing all my hair out!
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