AIG insurance company, is seeking?
1 NOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO! We have to stop greed at the top! Have you seen the email about the guy who raffled off a dead donkey?
He made $898. Only had to return $2 to the winner.
2 if this were the old days, they would have been tarred and feathered a LONG time ago, and would not be in business. They drove themselves out of business... it is not our responsibility or our government's to bail them out. I feel like bailing out these companies undermines capitalism.
And then there's always the old adage:Fool me once, shame on you. Fool me twice, shame on me...
Babalooga65 replied to post #1: 3 rumoured to be Ken Lay, former CEO/founder of ENron.
The head of financially strapped AIG told Congress he's heard the rage over executive bonuses and has called on employees to voluntarily return at least half of the money. Testifying under oath at a congressional hearing as intense as any in recent memory, Edward Liddy said that some workers there already have stepped forward to give money back. Liddy, who is chairman and chief executive officer of AIG, told a House subcommittee that the bonuses could be defended legally as a legal obligation of the company.
But he also said that given the national uproar, he asked those who got "retention payments" over $100,000 to return at least half of it. That wasn't enough for lawmakers, reports CBS News correspondent Nancy Cordes. Many remain furious that executives would get any bonuses after their unit brought the insurance giant to its knees, requiring a $180 billion public rescue."I am now asking you to send us the names of those who have received bonuses who have not given them back," demanded Rep.
Barney Frank, D-Mass. Liddy told Frank he could only do that if the list of recipients would remain confidential.
I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.
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