AIG, Unbelievable!

@worldwise1 (14890)
United States
July 9, 2009 10:03pm CST
I thought it was unbelievable when I saw the headline proclaiming that bailout benefactor AIG is poised to dole out new bonuses! How can they continue to do this when the citizens of this country have bailed them out so handily? I do hope that Congress - or someone- will step in again to prevent them from taking such a step. If they can afford to hand out these hefty bonuses why did they even need to bailed out? I would like to know what my fellow myLotters think of this.
1 person likes this
3 responses
@celticeagle (115058)
• Boise, Idaho
10 Jul 09
It is all such stupidity. It is just an excuse. A friend of mine can't even get a loan yet the money is there supposedly. Something isn't right.
1 person likes this
@goldeneagle (6776)
• United States
10 Jul 09
Here is an idea...revoke their business license and force them to shut down, then sell all their assets to recover some of the money they have been allowed to steal from the American tax payers. They obviously do not have the common sense to run the company, and they are obviously only out for themselves, and Obama and his goons obviously can't control them, so just put them out of business and let's all move on the way we did when Enron shut down a few years ago. Then again, this may be exactly what Obama wants to hear, because it may provide yet another opportunity for the government to take over yet another big corporation, and that would be one step closer to the Socialist country that Obama wants to turn America into...
1 person likes this
• United States
10 Jul 09
I thought that Obama stopped the first round of bonuses they were supposed to give out! I did hear somewhere the last time this came about that it really wasn't about having the money to give these bonuses, but they had put in the contracts of these people slated to receive these funds before the economy went bad, so now if they were to deny these people the bonuses, they would put themselves in position to be sued. But I also thought that when this came out last time, they had passed legislature or something to give them a loophole out of it. I will be keeping a close watch on this news story to see how it turns out. AIG's got themselves in a situation where they are damned if they do, and damned if they don't.