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March 15, 2009

A.I.G. Paying $165 Million in Bonuses After Federal Bailout

Liar

Let's all make a pact.

If we see AIG on some exec's resume, let's resist the temptation to simply NOT interview them. Let's DO interview them, and then bring in a bouncer to shake the person down for whatever they have on them. Then take that money and go have a spa day.

I think that would be fair. And about as legal as what they're doing.

The payments to A.I.G.’s financial products unit are in addition to $121 million in previously scheduled bonuses for the company’s senior executives and 6,400 employees across the sprawling corporation. Lawyers said the firm was contractually obligated to pay the bonuses. I say bullshit.

Posted by on March 15, 2009 at 12:20 PM in Corporate-ocracy |

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Hi and Welcome

  • As Americans we are bathing in bullshit every single day. It's unavoidable. So, if we can't avoid it, we might as well come to understand it. This is a group exercise, so if you'd like to point something out to us, by all means, do.

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