Concerning the bailout,should the government block the $165 million dollars in bonuses AIG is going to give their executives once the $170 billion dollars in bailout money is given to them?
by 
jin jang
ANSWERS: 8
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the bailout shouldn't happen at all, this is a poorly managed company, it will fail without reagrd to how much fluff you give it
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Their should not have been any bailouts for any private entity. In regards to bonuses, it is none of the government business. Now if the taxpayer permits the government to bailout private entities, it is still none of the governments business on who gets bonuses. It's high time the American people wake up and start holding our government accountable for such silliness and violations against our constitution.
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Any company that recieves bailout money should be barred from bonuses to execs. These bonuses are part of the problem that required them to need the bailout. What could a person possibly do for a company with a balance sheet that screwed up, do to deserve such a golden parachute, anyway? I think we should insist that they be given a lead anchor, instead.
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Which executives of a company requiring a government bailout have earned bonuses? Bonuses are a reward for success, not for failure. If a specific worker can show where they contributed to mitigating the damages to their company, perhaps small bonuses are in order. But in general, NYET!
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It's irritating, but these bonuses were contractually agreed to well before the economic crisis and bailout. Unless someone can find a legal way to revise thise contracts, it probably can't be changed. Since we the people are now the majority shareholders, we can do things differently going forward though.
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They should take the money back and let them fail (bonus or not) hell with these guys.
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They should only give them the money if they agree to not have any bonuses at all! A bailout due to incompetent management should void previously agreed upon bonuses.
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The execs who took the bonuses are nothing less than thieves, and they have abundantly displayed that the ONLY thing they care about are themselves. And the people who set up the contracts in 2008 (when the economy was already heading for the skids) to pay out bonuses equal to 100% of the 2007 bonuses are also thieves. I would not be surprised if it is discovered that this was a massive kick back scheme, so those "poor? hard-working? smart?" execs would all prosper, regardless of whether AIG survived or not. If they had any kind of a conscience they would return the money, but I don't see that happening. Here's the best part: Mr. Liddy says the bonuses were necessary to keep the best of the best, to aid in AIG's recovery. Well, the people who received the most money are already gone. Does it feel like AIG is giving the finger to the government?
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