Monday, March 16, 2009

AIG = America Is Gullible

So let me get this right the US treasury has given AIG $175 BILLION Dollars, of which they gave about 10% ($165 Million Dollars) to their top executives in the form of bonuses. Because the company was afraid of loosing these "Talented People". But it was this talented group of people that put the company in the situation where they needed a government bailout. The Bush administration said that "they were to big to let fail", I think maybe we should have let them fail. Now the US treasury and the American people are into deep to let them fail. Hey since we now own 79% of AIG, I think some changes need to be made starting with the HR department.

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