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Obama Tries to Stop AIG Bonuses

665
hazzyday3/16/2009 12:21:18 pm PDT

re: #644 right_wing2

Unfortunately, it looks like the bonuses HAVE to be paid because of contracts. I wouldn’t have as much problem with these massive bonuses if AIG weren’t in the tank, but to continue to reward performance like we’ve seen from AIG is beyond insane.

I kinda agree with “Take the bonus and get fired if you do” Government do this also, they borrow money and lock it in via legalities so that the taxpayer can’t alter the spending stream EVER. By then it’s too late. This is part of a bigger problem resulting from big government and big business.