Wednesday, March 18, 2009

AIG Bonus Gate

Paying 73 execs over one million dollars each in bonuses makes me mad. OK, so far we have given AIG 170 billion dollar bailout and they are using part of this money to give out fat paychecks to some top people.

Edward Liddy, CEO of AIG says Wednesday to congress that some of his company's exec bonuses were "distasteful." Actually, we should have never given AIG any money. Giving a crook more money only insures you will lose it.

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