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Originally Posted by ArlJim78
sure it matters because they're all running around saying that they just discovered the bonuses this week. okay maybe some of them aren't lying, like Geithner, just incompetent.
there's plenty of folly, but the majority of it is due to our corrupt and inept elected officials. they're going to save the world by managing all businesses now, good luck with that.
the current bonues as I understand it are primarily retention bonuses, not performance bonuses.
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Then why have at least ten employees who helped build these derivatives
leftwith bonus checks in hand if retention was supposed to occur?
Where is the outrage when business "leaders" take government money
and walk? I will tell you why I think some of these guys at AIG are
getting the hell out- Because they dont want to be found when
all this false crap they built up is out in the open and they are
subject to jailtime... Retention my arse.
I am sure there are some very good minds at AIG that want to
try and sort all this mess out and do what is best. But there
are clearly a good number of crooks.
I can see the problem the Obama adminstration might have in
trying to sort out who really needs to be retained to help clean
the mess and who made the mess to begin with and have no
desire to fix anything. Some are in full retreat to the Bahamas.
Great patriots that they are. Obama's financial group has made
it clear that some employees at AIG are absolutely essential
to repair and moving on. They know the govt. cannot possibly
repair this without help from company officials.