They are now on their 4th bailout. AIG now is seen as a poster child for incompetent and greedy execs who live in megamansions while americans struggle to survive. This AIG bailout makes people angry. Future of finance is in question as the entire economy goes into complete collapse.
Showing posts with label AIG. Show all posts
Showing posts with label AIG. Show all posts
Monday, March 23, 2009
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.
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.
Subscribe to:
Posts (Atom)