Obama's Stimulus Bill Explicitly Grants AIG the Legal Right to Give Unlimited Bonuses
- Thread starter jficquette
- Start date
Barack Obama knew AIG was preparing to pay bonuses
WASHINGTON - Cue the outrage. For months, the Obama administration and members of Congress have known that insurance giant AIG was getting ready to pay huge bonuses while living off government bailouts. It wasn't until the money was flowing and news was trickling out to the public that official Washington rose up in anger and vowed to yank the money back.
Why the sudden furor, just weeks after Barack Obama's team paid out $30 billion in additional aid to the company? So far, the administration has been unable to match its actions to Obama's tough rhetoric on executive compensation. And Congress has been unable or unwilling to restrict bonuses for bailout recipients, despite some lawmakers' repeated efforts to do so.
http://home.peoplepc.com/psp/newsst...0090317/49bf2e50_3421_1334520090317-670572341
WASHINGTON - Cue the outrage. For months, the Obama administration and members of Congress have known that insurance giant AIG was getting ready to pay huge bonuses while living off government bailouts. It wasn't until the money was flowing and news was trickling out to the public that official Washington rose up in anger and vowed to yank the money back.
Why the sudden furor, just weeks after Barack Obama's team paid out $30 billion in additional aid to the company? So far, the administration has been unable to match its actions to Obama's tough rhetoric on executive compensation. And Congress has been unable or unwilling to restrict bonuses for bailout recipients, despite some lawmakers' repeated efforts to do so.
http://home.peoplepc.com/psp/newsst...0090317/49bf2e50_3421_1334520090317-670572341
They dont call him
TOP HOG
for nothing
They should get the people that appointed these useless greedy idiots and find out why ??
Maybe try asking awkward questions like what did they get out of the appointment ?? and who appointed them and if they pretend not to know what was going on - then why not !!
TOP HOG
for nothing
They should get the people that appointed these useless greedy idiots and find out why ??
Maybe try asking awkward questions like what did they get out of the appointment ?? and who appointed them and if they pretend not to know what was going on - then why not !!
Ha, In the US, any attorney will tell you, never accept blame admit fault or take responsibility. Fer chrissakes, something as simple as an auto accident the insurance company puts right on their list of what not to do is to basically not to admit fault.
Grassley is out of touch with the real world. I wonder what his thoughts are on the few people who have commited suicide over financial losses recently, Maybe he ought to erect a monument in honor of these people who have done the "right thing". He can kiss my ass.