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What's a Guy Gotta Do to Get Fired? (A Rant on AIG Bonuses)


Business  (tags: AIG, Bonuses, Business, Economy, Money, Finance )

Jollygirl
- 277 days ago - bankling.com
Both digital and otherwise, has been spilled over the AIG bonus fiasco. A lot, but not enough. It seems this situation has been so badly mishandled, and probably mischaracterized in the press. Then what's the truth???
Comments

Elainna Crowell (160)
Wednesday March 25, 2009, 1:14 am
This is an outstanding article regarding the bonus fiasco! Thank you Jollygirl
 

Joycey B. (697)
Wednesday March 25, 2009, 5:20 am
Noted with thanks Jollygirl.
 

David Gould (146)
Wednesday March 25, 2009, 7:15 am
Greed is so unsightly. Corruption is worse. And misuse of public money the ugliest of all.
 

Just Carole (431)
Wednesday March 25, 2009, 7:43 am

Great post, Jollygirl. In particular, I agreed with the last paragraph:

"What’s Really Going on Here?
This all begs the question: Why didn’t these guys get fired in September and why the massive amounts of money (tacitly approved by both the Bush and Obama administrations) in retention bonuses? Is it possible that there’s more here than we care to know? That maybe this mess is bigger or more intertwined than we might guess? That keeping these guys in place kept a lid on the lack of transparency? I’m not normally a conspiracy theorist but I reject out of hand the reasons given for the retention of these losers and the reasons for the bonuses. Draw your own conclusions."
 

Yvonne White (139)
Wednesday March 25, 2009, 7:04 pm
I agree! "...I reject out of hand the reasons given for the retention of these losers and the reasons for the bonuses."
 
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