Smoking Securities

Half Baked High Finance


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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.


Written by chucklesamadeus

March 15, 2009 at 4:01 pm

Posted in AIG

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  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

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