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Re: AIG Spends Millions in "Bonuses"
Old 03-19-2009, 09:12 AM   #17
BreakABone
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Default Re: AIG Spends Millions in "Bonuses"

I think you are a tad over exaggerating, but I agree with the gist of your speech.

I will say, I think its easier having some of these talks in the private as I came around a bit after talking with Bond, and just coming from a city that actually does heavily rely on these "bonuses" and more so recent news.

The fact of the matter is, on a personal level, I understand why everyone wants to find a scapegoat. We are in a terrible disaster and people need a place to lay the blame. We hear the gov't is giving out free money to help companies that got us into this mess and that money is trickling down to make the rich... richer.. it gets your blood boiling or it should, but honestly even if we strip them of their bonuses.. I have no idea how that would help anything more than someone's ego.

It is their money for the time, and they will just need to be more cautious in the future.

The only bright spot I see from this, is hopefully companies that receive bailout money are more inclined to pay it back ASAP so they can avoid public scrunity as much.
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