Smoking Securities

Half Baked High Finance

AIG FAIL

with one comment

A look at American International Group’s fall from grace.

aig090315-copy1Retention bonuses? Really? What is there left to retain?

Here is the Bloomberg story on the Treasury’s recent efforts to save our country from finanical disaster, $1 billion at a time.

Advertisements

Written by chucklesamadeus

March 15, 2009 at 4:01 pm

Posted in AIG

Tagged with

One Response

Subscribe to comments with RSS.

  1. White House says they can’t do anything about it…first, fire the f&^%$rs that say they can’t stop the bonuses. Give the folks with the contracts the option of continuing employment, or suing for their bonuses. Give the lawyers in the Justice Dept some meaningful work in defending against the lawsuits.

    This is so extraordinarily wrong.

    Rich Wojtczak

    March 15, 2009 at 7:25 pm


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: