AIG Is Doing It All Wrong

March 17th, 2009 | Posted in Current Events | Comments Off on AIG Is Doing It All Wrong

Everybody’s upset these days because of AIG handing out millions in bonuses after receiving a nice big chunk of bailout money. I have to say that I agree with the angry public one hundred percent on this one.

I once had one of those custom rubber stamps that would be perfect for this situation. It stamped, in red ink, the word “BullShit”. Which is exactly what I think AIG’s bonus giving crap is full of.

They’re coming off with all this crap about how they’re legally obligated to pay those bonuses. More BullShit. Any bonus program I’ve ever heard of was tied directly to performance and the financial health of the company.

Since most, if not all, of those bonuses are being paid to people in the financial products division I think it’s safe to say that they don’t qualify. These would be the same bunch that got involved in those BullShit deals on Wall St. that caused this whole mess in the first place.

Bonuses? Are you kidding me? Those people shoulda been FIRED, not given bonuses!

[Tags]aig, bonus, financial products division, bailout, bailout money, angry public[/tags]

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