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2009-03-15 Home Front Economy

Latest Bailout Just in Time for AIG Bonuses!

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Posted by Cornsilk Blondie 2009-03-15 08:50|| || Front Page|| [11132 views ] Top

#1 > But the bonuses will go forward because lawyers said the firm was contractually obligated to pay them.

Not if their bankrupt... The company should be wound down in administration.

Posted by Bright Pebbles the flatulent 2009-03-15 12:26|| 2009-03-15 12:26|| Front Page Top

#2 Ima sure that AIG is quaking in their boots from Geithner the Meek's angry pronouncements. AIG greased many the palm in congress, as well as the
Big O. Since congress does not care what we, the taxpaying public think, they figure that this is a tempest in a teapot.

So it us up to the American public to raise enough hell to do something.

Bottom line, AIG senior executives get bonuses, and congress passes out money to its cronies.

Posted by Alaska Paul 2009-03-15 14:59|| 2009-03-15 14:59|| Front Page Top

#3 "But the bonuses will go forward because lawyers said the firm was contractually obligated to pay them." Simple solution shoot the lawyers FIRST.

Posted by Cyber Sarge 2009-03-15 15:16|| 2009-03-15 15:16|| Front Page Top

#4 "But the bonuses will go forward because lawyers said the firm was contractually obligated to pay them."

which is inapplicable to the Obamar's proposal to have judges rewrite bad mortgage contracts to lower the principal owed, right?

Posted by Frank G 2009-03-15 15:31|| 2009-03-15 15:31|| Front Page Top

#5 was there not anything in the contract that said if you run the buisness into the ground you don't get a bonus?

Posted by rabid whitetail 2009-03-15 17:54|| 2009-03-15 17:54|| Front Page Top

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