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Discussion in 'Et Cetera, Et Cetera' started by surferboy, Mar 14, 2009.
i know i shouldn't be surprised, but still...wtf?!
these people still don't get it
Yes they DO get it...and I sure hope they put it some place "safe" (but not a bank)
they got it and we gave it to them...
How talented and valuable are these people if they have been running AIG into the ground?
And as you can see, the $ 1 pay scale for the rest of the year is circumvented. Although based upon average payout, it would be interesting to find out what those getting $ 1 for a salary are getting as a bonus ?
I know I wouldn't drop my salary to a dollar, but then again, I don't make what AIG's top 25 makes, nor is my employer getting a bailout. I'd bet the 10 % drop on the others for the remainder of 2009, is probably more than my gross ?
Burn them to the ground!
I agree, let them walk. Then they can take their resumes down to the job fair and try to get a job like millions of others. Only when they are asked what the reason for termination was, they can try to explain away running AIG to the brink of bankruptcy ?
That ought to get them hired first ?
Lots of attempts have been made to portray these big time corporate execs as incompetent losers because the companies they run have been floundering or failing.
Such portrayals would be inaccurate. Those execs were wildly successful at what they always intended: harvesting wealth for themselves by hook or by crook.
Insurance industry used to be called a speculative trade, boy that sure ended didn't it.
Yup, the bonuses suck- but a few million out of at least 10 trillion that has either been spent or promised to stimulate the economy is pretty minor. AIG has always been guaranteed a free pass from failure. Just read a little about the reasons why it was saved. A hint is to look past sub prime to credit default swaps. They will be around as long as the government has cash and their executives will continue to operate knowing that their jobs are secure no matter how much they pull from the company. The government has bigger fish to fry that a couple of millionaires skimming a couple of hundred million...
getting paid to run a company into the ground, sign me up
You're surprised because you have a functioning brain and ethics. Something sorely lacking in America today. :frown1:
Talented enough to keep their jobs when others got canned and get a friggin' bonus. :rant: :irked: