Thread: AIG
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Old 03-25-2009, 05:57 PM   #310
lookout123
changed his status to single
 
Join Date: Apr 2004
Location: Right behind you. No, the other side.
Posts: 10,308
They eliminated his whole business unit, which was profitable, to cut overall costs and raise money to keep the larger company running. Big companies like that don't have all their executives sitting in one building making decisions together. Top executives in one business unit may never even meet execs from another.

The bonuses became a political tool. He and his colleagues are pissed they are catching the shit for something they had nothing to do with.
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