AIG to Dole Out $165 million in Bonuses

And here I am thinking that you didnt have a sense of humor. Good comeback:thumb:

Not being sarcastic either.

 

There is alot of fake outrage and its called CYA. Taxpayers have a right to be angry, but not guys like Geithner.

 

The ones I'm angry with are (most of) the media and Members of Congress like Dodd, Frank, Grassly(?), the idiot who suggested suicide, Menendez and Hutchinson. Dodd's hands are filthy and he's one of the loudest protaganists. Frank is at the center of the entire banking collapse. The others are just looking for face time but don't have the inclination to at least look into the facts. Geithner is trying to avoid the wheels of the bus.

 

Everyone should think about this, these kind of things will happen quite often the more government gets involved with the private sector.
This is the direction we are headed.
The government is big, corrupt and inefficient enough without becoming part of the private sector.
Anything government can do the private sector can do better.
I'm against all bailouts, these bailouts haven't fixed anything!
Slapping a band aid on the problem hasn't done a thing but make the country go into serious debt.
I think we, the government over-reacted or reacted to fast over this crisis.

Honestly, you haven't read enough of my posts.
Most people here will tell you that I use humor in my posts quite often.

 

I must agree with you more than I think I do because every time I try to give you rep it says I must spread it around first.

I totally agree with this. I'm not has pro regulation as I think you are but this is at the crux of the issue. These companies are so complicated that literally 2 or 3 people in the world understand how they work. Companies that are too big to fail for risk of taking down the economy. I don't know the answer but our leaders need to pay some attention to it.

 

Though not always intentionally.

 

Like Liddy said, there can be a bad side to capitalism.

 

the human element

 

I'm listening to Liddy's testimony before the finance subcommittee. He's explained a dozen times that the decision to pay the bonuses was a tradeoff against the potential unraveling of everything done since September to unwind a $2.7 trillion book of busiiness down to $1.6 trillion to date and to avoid having everything blow up in the near future. Yet, some of these politicans continue to hammer him on the $165,000,000 which is a relative pittance. It's pure politics and very frustrating.