Bloomberg: Obama authorized AIG bonuses
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I think I see where you're going. Paying bonuses to those people screws nobody but the shareholders (taxpayers in this case).
But at the same time paying the bonus helps retain valuable employees, therefore increasing shareholder value. The deadweight are those employees receiving a bonus who don't deserve it based on high performance.
To me it sounded like the panel was laying the ground work for more capital injections. On member said âso if AIG were to go bankrupt it would have disastrous effects on the world economies, am I to understand you may need more money â
LOL. I thought capitalism meant choose the best opportunity. In this case that means take the most lucrative contract. They could go work somewhere else, but chose instead to sign a contract offering them X$ to stay until Y date. It was the best opportunity.
More disastrous than the couple hundred billion from the Govt that these stupid employees caused in losses?
BINGO......you have awakened to the fallacies of the CON JOB left/right two party paradigm TRAP! BOTH parties have been corrupted and compromised to their core.....there are only a few politicians left that still fight for a return to a CONSTITUTIONAL direction for our country!
I supported one for president.....RON PAUL!
There is NO BLOOD on my hands from the last globalist minion presidential race....and for those that voted into THEIR GAME, look what you have been left with!!! :eek: Just more of the SAME "continuity of administrations" unconstitutional activities, as the globalist influenced manipulation of our current corrupt leaders races us towards FINANCIAL OBLIVION!!!
Barack Obama is the leader. He is 100% responsible for the actions of his team members. The bill could not have been authorized without "Obama's final signature".
I agree, there is high possibilty that the team members make their own decisions and do not give importance or consult Barack Obama. They think Obama is a puppet.
I agree, there is high possibilty that the team members make their own decisions and do not give importance or consult Barack Obama. They think Obama is a puppet.