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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (18698)3/17/2009 7:13:15 PM
From: niceguy767  Read Replies (1) | Respond to of 71409
 
"We need to have more compassion, love for each other, and
positive attitude."


It begins with the response of those at AIG who are in receipt of bonuses from Main St., via the gov't, after impaired decision making resulting in the quarterly $62B AIG loss and now flying the rationale that only they have any chance of getting AIG out of their current mess (i.e. ransoming Main St., via the government, for the mess they have created!)

Sorry, no compassion, no love, and no positive attitude for these pikers from this corner.

The compassion, love and positive ideals are noble, but even Jesus turned the money lenders out of the temple where these noble qualities of compassion, love and positive attitude were exalted.



To: Real Man who wrote (18698)3/17/2009 7:37:01 PM
From: carranza21 Recommendation  Read Replies (1) | Respond to of 71409
 
Good post, Vi.

The AIG bonus flap unfortunately is tailor-made for PR manipulation. And manipulated it has been.

Who knows if the employees at the London AIG office responsible for BK'ing AIG can legally collect the bonus cash. Without seeing the actual employment contracts, it is difficult to say. Nonetheless, the fact remains that this office engaged in some really stupid antics. And made a ton of money for the bonus babies while engaged in them.

Now, our taxpayer money is being spent to put them in the green, despite their responsibility for the mess!

It understandably does not sit well with most people even though the amount is a drop in the bucket of all bailout cash thus far spent.

Da Peeps understandably want to string these guys up.

I have no patience or love for these folks, esp. for AIG employees. I have dealt with it as a lawyer; you will not find a more rotten corporate culture, one which attracted the low lifes of the insurance world. Remember the sleazy reinsurance deal with Buffett? Par for the course.

The only thing that comforts me is that the remorse will hound them when they are older and more introspective. But don't count on it, the AIG folks - the ones I have dealt with, anyway - are scum who existence revolves around the almighty dollah. The only way to hurt these scummy guys is in the pockebook.

Still, your post is a nice one. There are no doubt many clerical and other folks who had nothing to do with the mess who deserve better. But there are a lot of thugs as well who don't deserve our tax money.



To: Real Man who wrote (18698)3/17/2009 7:46:16 PM
From: NOW1 Recommendation  Read Replies (1) | Respond to of 71409
 
<Wall Street folks who got the bonuses are in the same
boat if not worse>
You should lay off the booze early in the evening



To: Real Man who wrote (18698)3/17/2009 7:48:31 PM
From: NOW2 Recommendations  Read Replies (1) | Respond to of 71409
 
<The truth is, nobody stole main street's money>
you are a wonderful apologist...fact is, if you pay taxes, your money is being "stolen"