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The Chip Board Archive 19

Re: Don't Be Fooled
In Response To: Don't Be Fooled ()

So, because of the outrage over the bonuses you assume no one cares about the rest (majority) of the money? I think you assume too much. The bonuses my not be recoverable, and the 90% tax may not be such a great option, because of the doors it opens if passed. The bonuses were legal, I think in the current situation they are wrong and every avenue should be explored to retract them (but may not be fruitful). AIG is not the single culprit in this fiasco, the government played a part too, and the FED has some accountability as well. AIG showed their true color when they first made the million dollar hunting trip, even AIG was embarrassed when that came to public light.

If AIG must compensate the 'talent', who compensates the equity holders who have lost everything? It always seems like when 'the belt gets tightened' it always puts a strain in the MIDDLE. Disparity between the CEO's and top level executives and the people in the workforce continues to widen, especially when the belt it tightened. I have a hard time believing that you can not get 'talent' without $750 million dollar bonuses on top of astronomical salaries and golden parachutes. I believe the talent is superseded by greed that is true of the UAW that gets 95% pay while laid off, it is a contractual issue but it is bleeding the company, the stock holders, the consumers, and it's simply wrong.

I still believe the bonuses are wrong, and if contested, I am sure there are a lot of lawyers out there licking their chops praying it comes to that so they can share the carcass.

BTW, I have more faith in the American people (the masses) than saying they are asses, as you stated in your first post where you resorted to name-calling in the last line. That too was wrong. IMO

Messages In This Thread

AIG exec returns Bonus
Re: AIG exec returns Bonus
What a Red Herring
Re: What a Red Herring
Don't Be Fooled
Re: Don't Be Fooled
One Question Mike
Re: One Question Mike
...and some scream about feeding an auto worker
I agree with you Jerry.
Re: AIG exec returns Bonus
"quitting was the only GOOD part"???
...and on that same day it has also been made ...
I heard you were an attorney. Is that true???
Here's the committee's point:
Of course the bonuses could have been delayed...
Please don't hit me with ...
I seriously doubt that's a true stmt...
Then simply answer the question:
They read the "schoolhouse rock" version of it grin
...and even that was probably read to some'dem. grin
Re: Then simply answer the question:
Too slanted, Bob... all one-sided; even the ...
The truth only has one side.
Re: "quitting was the only GOOD part"???
You heard it here first
cORRECT, & MILLIONS IN CAMPAIN DONATIONS COMING
You mean "millions more"
As his boss (a taxpayer), I disagree...

Copyright 2022 David Spragg