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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: ChinuSFO who wrote (52418)3/21/2009 1:50:37 PM
From: brushwud2 Recommendations  Read Replies (3) | Respond to of 149317
 
AIG folks who received bonuses now fear for their lives. Their identities are known and already some mob groups are picketing in front of their "iron gated" house (or shall we say mansions)...

I hope we do not have violence but that this intimidation will cause these folks to return the bonuses voluntarily.


You ought to be ashamed of yourself. I hope Americans will always stand up to intimidation. I don't even care about these bonuses, especially considering that Clinton's Treasury secretary single-handedly made $100M serving on the board of a bank that's now taken at least $25B of taxpayer's money. Why don't Robert Rubin and Hank Paulson return their money? The real scandal is the billions and billions being funneled through AIG to Goldman Sachs and foreign banks.



To: ChinuSFO who wrote (52418)3/21/2009 5:22:40 PM
From: geode001 Recommendation  Read Replies (4) | Respond to of 149317
 
I do believe the AIGers are on the receiving end of the reverse of moral hazard. Considering what some of these people were doing (I don't know if people are picketing the correct houses but, heck, it is a free country supposedly), I don't have any sympathy for their plight.

I find it amazing that auto workers get their contracts 'renegotiated' in order for their corporations to receive bailouts but no one has requested the entirety of AIG workers to do exactly the same thing. How stupid are Americans?

Pretty dumb these days but less stupid than before.