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rulemylife -> RE: The House passes a punitive tax (3/24/2009 11:13:24 AM)
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quote:
ORIGINAL: Raiikun
Do people just not want to read and pay attention? The people who got AIG into the mess weren't the people getting the bonuses.
The people actually doing their jobs and making the mess better were the ones getting the bonuses.
This is complete and utter nonsense.
I've posted the links before.
Almost ALL THE BONUSES WENT TO AIG'S FINANCIAL SERVICES DIVISION, which yes, are the very people who got AIG into the mess.
A.I.G. Planning Huge Bonuses After $170 Billion Bailout - NYTimes.com
WASHINGTON — The American International Group, which has received more than $170 billion in taxpayer bailout money from the Treasury and Federal Reserve, plans to pay about $165 million in bonuses by Sunday to executives in the same business unit that brought the company to the brink of collapse last year................
The payments to A.I.G.’s financial products unit are in addition to $121 million in previously scheduled bonuses for the company’s senior executives and 6,400 employees across the sprawling corporation.
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