Insurance giant AIG to pay $165 million in bonuses

[cybok0]

http://www.comcast.net/articles/finance/20090314/AIG.Bonuses/

And we keep giving them money.

[msmith198025]

No kidding. At least they say that can maybe trim these payments by 30% next year....:happy-131:

[cybok0]

And congress is just dumb enough to believe them.

[msmith198025]

Yep, nothing new there

[cybok0]

I wish I had just half the money they are giving in executive bonuses.

[Bob Haller]

if you dont turn down the bonus clean out your desk, you are unemployeed.

bet many wouyld decide this isnt the year to take the bonus, make it defered compensation or something else

[cybok0]

They would get sued if they did that.

[Bob Haller]

They would get sued if they did that.

maybe it would ber worth it? drag it out thru 5 to 10 years of court cases?

tobacco accepts lawsuits as a cost of dong business, maybe AIG should too?

give them stock instead:):mockery-056:

[Madtown HD Junkie]

they need to quit giving AIG and other banks money. If they sink, so be it. This spending insanity must stop.

[cybok0]

IMHO the CEO of AIG should be fired without any chance of taking any money with him.

Then just keep going down the line till they are all gone, then start over.

[Bob Haller]

lets assume the bonuses arent paid they are offered defered compensation and the employee sues, so they get fired.

the lawsuit drags thru the court.

how many sympathetic jurors will feel bad enough to award the employee back pay and benefits?

i think few to none

[Madtown HD Junkie]

could be Bob.