Archive for March 14th, 2009

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“We cannot attract and retain the best and the brightest talent to lead and staff the A.I.G. businesses — which are now being operated principally on behalf of American taxpayers — if employees believe their compensation is subject to continued and arbitrary adjustment by the U.S. Treasury,” he wrote Mr. Geithner. The government owns nearly 80 percent of the company. (excerpt of a letter from the CEO of AIG to Geithner)

by problembear

ya gotta hand it to these guys. they are bold as hell. AIG has apparently informed the secretary of the treasury little timmy geithner that AIG is obligated to pay 100 million of our taxpayer bailout dollars as bonuses to the geniuses who engineered their demise in the first place.  truth really is stranger than fiction. if you wrote this in a screenplay a few years ago nobody would buy it…it is just too absurd.  we own 80% of a company which is still bleeding billions and the company has the gall to tell us that they must pay. my suggestion to mr geithner would be to stay in his lane and not move the steering wheel. hell no. no bonuses for idiots who did this.

Best and brightest? are you kidding me? who needs these executives anyway? we could hire anyone to run AIG better than they have. if they want to sue us. let them. any jury in any court in the land would laugh them out of the witness box.

pig_bonus

JEEZ LOUISE!!! enough already. give me the keys to that kenworth if little timmy doesn’t have the nerve…….

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