Thread: AIG
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Old 03-17-2009, 11:54 PM   #126
sugarpop
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Join Date: Nov 2008
Location: the edge of the abyss
Posts: 1,947
Quote:
Originally Posted by lookout123 View Post
If those bonuses are in any way fraudulent or there is any possible loophole in the contract allowing the non-payment then by all means don't pay it. Any individuals who made policy or took action resulting in serious losses should already have been terminated and shouldn't be around to receive a bonus anyway. Individuals who are there and fulfilled their end of the contract (ill considered though they may be) must receive their compensation.
You know, this isn't a secret (the bonuses). It really is disingenuous the way President Obama, Geitner and all the others are expressing such outrage. They should never have given AIG money without first outlining this stuff. While most of the money went out before Obama was president (I believe), they certainly could have held back that last $30 billion. THAT is on them. And hasn't Gietner been involved in this since the beginning?
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