Originally Posted by wiphan

Really

I am sure when the government bailed out AIG that they knew exactly what was still left to pay. These were contracts already in place prior to anything happening. The government knew this or at least should have known it when it took an ownership stake in AIG. This is just a PR move by the administration to look better. Do you really think Obama and the administration didn't know what the compensation plans were of the current employees of AIG? If your answer is no, then we have a bigger problem on our hands because we are spending billions and billions of $ on things we know nothing about. On the surface it looks bad, but if I had a contract with my company and my performance in that company was superior and I deserved a bonus based on my current contract than I would expect to receive it. If someone buys the yankees, they still have to pay A-rod, etc. They have to deal with the contracts that are in place, unless they renogiate them. It definitely looks bad, but you have to see reality as well. It is very easy to bash big business and now it seems comon place that we are becoming a society that wants to tell everyone what they should and shouldn't make.