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Posted by: Endoscopy 8 months, 3 weeks ago
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Endoscopy8 months, 3 weeks ago
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Much ado about nothing.
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1. The people in question only get their bonuses because they get $1 salary. They already gave up salary so these fools want them to work for nothing.
2. These bonuses were contracted in march 2008. AIG is just living up to their contracts.
3. The stimulus package has an amendment allowing previously contracted bonuses it originally put in by Chris Dodd and reworked in conference by Reid, Pelosie, and treasury.
They are ranting with Schumer trying to say that the government will pass a law taxing those particular bonuses at 100%. That is an impossibility and Schumer knows it. Therefore why are they ranting over what is what they specifically allowed. What are they trying to hide now.-
100%
wtagg8 months, 3 weeks ago
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Considering the results these individuals managed for AIG, I think the $1 was over payment.
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Yes, the tax attempt is going down the wrong avenue. The proper avenue would have been to let AIG fail, just like any other business. If the government is going to rescue one, it should rescue all. That would be ok in a *reward for failure* business culture.
The treasury, the previous and present admin, and the previous and present congress are all culpable.
They will probably give themselves a bonus. -
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