graysmoke

Monday, March 16, 2009

CORPORATE WELFARE--AIG Style

Can you believe? Bonuses in order to retain the "talent" that drove the truck off the cliff?

What ever happened to something known as fiduciary responsibility? When did that take the exit(s)?

If these were blue collar workers they would have been shown the door instead of coddled with bonuses. Those are reputed to be "performance" based.........165 million? I can't see the contractual obligation holding up here.......common sense is totally lacking.

Ohhh Warren ----- why don't you hop over and give those welfare kings and queens at AIG some advice on where to invest their bonuses?


graysmoke

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