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Re: AIG Spends Millions in "Bonuses"
Old 03-17-2009, 11:15 AM   #1
manasecret
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Default Re: AIG Spends Millions in "Bonuses"

Maybe they should have been fired instead of been given performance bonuses when their company just lost the most money in corporate history? The argument for holding on to great talent doesn't work when that great talent ran the business into the ground.

At what point were the bonuses written into their contract, before or after the news that they might be getting billions of dollars in bailout money?

Were any of the bonuses given to individuals who decided to invest in the derivatives (or whatever) that ruined the company?

I'm not saying that giving out bonuses is a bad idea to those who deserve it even for AIG, but to me there is a huge chance of fraud against me and all others, the taxpayers paying the bonuses, in all of this, and so it definitely warrants investigation.

Keep in mind, I don't have all the information on these contracts, does anyone have that?
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