Of all the folks on here I am the probably the least of a conspiracy theorist, but...
AIG has 116,000 employees, according to Google Finance.
$165M/116,000 employees = $1400 per employee. That's a pretty pathetic bonus if you ask me (I'm obviously aware that they wouldn't be distributed flatly).
Is all the media attention the $165M are getting a purposeful tactical diversion from the fact that the fed just sent 600x that (or some ridiculous number) to AIG customers who had (of their own free will) bought shitty products they didn't undersand from a shitty company they didn't understand?
I'm trying to come up with an analogy... Let's say that on a whim I fly some private Danish construction company to Texas to build me this fantastically expensive but supposedly new and amazing dwelling that's beyond my wildest dreams. Well, it turns out the house is really a leaky piece of shit that I can't re-sell (because it's a leaky piece of shit), and the construction company is now defunct because it's run out of money. I am shocked, becasue it's never occurred to me that I should maybe have investigated the dwelling I'd bought on faith, or the company that built it ("...but they had a good review form some guy on the internet!!") Now all of a sudden the Danish government buys the house back from me (not at leaky pos prices, but at pristine, beyond my wildest dreams prices). So basically it punishes all Danish taxpayers. At the same time the head of the Danish government and all the media start blasting the construction company about how outrageuos and morally affronting it is that the construction company's AP clerk got a 10 dollar bonus, despite the fact that that is the normal course of business to split comp into base and bonus.
I think there's a propaganda machine at work trying to pull the people/sheeple's attention away from the things that are truly outrageous. <- which is also nothing new and different, but somehow I am particularly struck by it this time...
AIG has 116,000 employees, according to Google Finance.
$165M/116,000 employees = $1400 per employee. That's a pretty pathetic bonus if you ask me (I'm obviously aware that they wouldn't be distributed flatly).
Is all the media attention the $165M are getting a purposeful tactical diversion from the fact that the fed just sent 600x that (or some ridiculous number) to AIG customers who had (of their own free will) bought shitty products they didn't undersand from a shitty company they didn't understand?
I'm trying to come up with an analogy... Let's say that on a whim I fly some private Danish construction company to Texas to build me this fantastically expensive but supposedly new and amazing dwelling that's beyond my wildest dreams. Well, it turns out the house is really a leaky piece of shit that I can't re-sell (because it's a leaky piece of shit), and the construction company is now defunct because it's run out of money. I am shocked, becasue it's never occurred to me that I should maybe have investigated the dwelling I'd bought on faith, or the company that built it ("...but they had a good review form some guy on the internet!!") Now all of a sudden the Danish government buys the house back from me (not at leaky pos prices, but at pristine, beyond my wildest dreams prices). So basically it punishes all Danish taxpayers. At the same time the head of the Danish government and all the media start blasting the construction company about how outrageuos and morally affronting it is that the construction company's AP clerk got a 10 dollar bonus, despite the fact that that is the normal course of business to split comp into base and bonus.
I think there's a propaganda machine at work trying to pull the people/sheeple's attention away from the things that are truly outrageous. <- which is also nothing new and different, but somehow I am particularly struck by it this time...