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2009-03-17 Home Front Economy
AIG bonuses conceive public outrage
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Posted by Fred 2009-03-17 00:00|| || Front Page|| [4 views ]  Top

#1 No sh*t, Sherlock?
Posted by g(r)omgoru 2009-03-17 04:52||   2009-03-17 04:52|| Front Page Top

#2 "Conceive"?? I think they mean "spawn". "Generate" or "bring" would probably be an even better choice. Who teaches these Iranian mooks English, anyway? Sigh.
Posted by Scooter McGruder, of the Grammar Police 2009-03-17 05:56||   2009-03-17 05:56|| Front Page Top

#3 Add 10 degrees deflection, drop 9 degrees expectation....fire for effect.
Posted by Besoeker  2009-03-17 07:10||   2009-03-17 07:10|| Front Page Top

#4 "Obama's aides have warned against possible are hoping for populist anger that could offset the President's efforts in providing more bailout money for the US banking system to hide the fact from the public that nearly half of the US taxpayers bailout money to AIG, nearly $100bl, has gone to foreign banks and companies. "If there're rioting in the streets, they'll never notice that we are giving away the store," said Rahm Emmanuel.

There Fred, fixed that for ya.
Posted by Scott R 2009-03-17 07:20||   2009-03-17 07:20|| Front Page Top

#5 MAY ignite public anger? Even dignified and stoic Senator Grassley is urging them to take the Japanese kamikaze way out!
Posted by Danielle 2009-03-17 12:14||   2009-03-17 12:14|| Front Page Top

#6 Interesting rationale on the bonuses. They need to keep the same good people who nearly bankrupted the company.

I wonder if there is a legislative remedy, if the regulators can't stop this?
Posted by Skunky Ebbusose2105 2009-03-17 16:51||   2009-03-17 16:51|| Front Page Top

#7 a) the money has already been disbursed
b) to executives who in many cases are not US citizens and do not reside here, so couldn't care less about Congress and
c) who threatened major lawsuits if their contracts were abrogated.

They probably would win those lawsuits, by the way, and if they did the cost would be over double the total of the bonuses.
Posted by lotp 2009-03-17 20:32||   2009-03-17 20:32|| Front Page Top

#8 Se. Chris Dodd - D- Shitsammich, inserted language that guaranteed those bonuses. Sen "Dirtbag" Schumer's proposal is a bill of attainder and unconstitutional. Lying MFers all of em. Don't listen to the words, watch the hands. Vote them DOWN
Posted by Frank G 2009-03-17 21:01||   2009-03-17 21:01|| Front Page Top

#9 Honestly, this is chump change compared to what we've given over to foreign banks via AIG (Deutsche Bank got what, 8 billion, and Societe Generale got maybe around 11 billion.....that's not counting what was paid out to British and Swiss banks). That's your tax money, too.

But of course, this is what the press publicizes, because their masters don't want any attention paid to the really huge money. We're being had, boys and girls.
Posted by Cornsilk Blondie 2009-03-17 22:21||   2009-03-17 22:21|| Front Page Top

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