Here's a Shocker!!! AIG disclosed its Retention-Payment Program (Bonuses) More than a Year Ago, long before the Government stepped in last Fall and began a series of failed publicly funded AIG Bailouts...
Jarrad On Mar 17, 2009, at 1:45 PM, Jarrad Reiner wrote: > Yes Yes Outrage, or at least feigned outrage on the part of many > senators as they stick their fingers in the air to see which way the > political winds are blowing... > > Where was the outrage from these very same senators and > Administration as they signed the TARP legislation giving AIG > taxpayer dollars with no strings attached. If the Obama > Administration had wanted (from the get-go) to stop frivolous AIG > spending on Bonuses then he could have vetoed his treasury secretary > from allowing the latest of 4 AIG Government Bailouts which > occurred early March, 2009. "He could have stopped the bonuses by > stopping the bailout." Which would have voided the company's > contractual compensation obligations. Bankruptcy would have avoided > the Bonus Debacle. > > "In the future, we can avoid having taxpayer dollars go to Wall > Street bonuses by not bailing out private companies with taxpayer > dollars." - Ed Morrissey > > Jarrad > > > > On Mar 17, 2009, at 12:32 PM, Lance McCulley wrote: > >> Expressions of outrage across the political spectrum reached a new >> crescendo Monday when Sen. Charles Grassley suggested in an Iowa >> City radio interview that AIG executives should take a Japanese >> approach toward accepting responsibility for the collapse of the >> insurance giant by resigning or killing themselves. >> >> "Obviously, maybe they ought to be removed," the Iowa Republican >> said. "But I would suggest the first thing that would make me feel >> a little bit better toward them if they'd follow the Japanese >> example and come before the American people and take that deep bow >> and say, I'm sorry, and then either do one of two things: resign or >> go commit suicide." >> --http://news.yahoo.com/s/ap/20090317/ap_on_go_pr_wh/obama_economy >> >> I couldn't agree with him more. >> >> -Lance >> >> >> > --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Politically Opinionated Outspoken People Expounding Religion" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/pooper?hl=en -~----------~----~----~----~------~----~------~--~---
