back to the subject at hand however...i've been wondering why d.c. has been provoking such outrage over these bonuses-of course they are outrageous, but there's always more to the story. and then i found this.

an excerpt:
and this:

Obama received over 100K from AIG
 

wonder if he'll give his back or Baney Frank will speak out against him and Chris Dodd. LOL NOT. :(

http://www.examiner.com/x-268-Right-...Bonus-from-AIG

Is McCain giving his back?

steve - maybe everyone on here should be reminded that Sen Dodd got a mortgage on his house, houses from Uncle Angelo that was not availble to you , me , blackthoartwind or anyone else on this board. He was part of a club called friends of angelo

to just blame bush blame bush is not going to solve the countries problems

washington is broken because of BOTH parties and it will be too late before the majority of the people in this country see this , it's not going to end well , everyone should read up on Roman history and Nero

I would hope so... Although they got no return from him like they did Obama. (Don't think they got much 'thinking or reform' from McCains think tank.)

didn't aig get their bailout in the last administration? with no strings attached? how is that a return from obama?
hoping doesn't make it so. i doubt mccain gives anything back.

sadly this is far more than a hope,


"This was three days after the Obama administration had already announced a new commitment of an additional $30 billion for AIG."

http://blogs.abcnews.com/politicalpu...adminis-1.html

and you're right they did get $85 Billion from Bush

but isn't the additional money going to aig (and presumably on to other banks and institutions just like previously) part of the original bank stimulus passed before obama took office? only half that money was distributed at the time with the rest held back. why no care was taken as to how that money was spent is beyond me-and i believe that was a huge part of the complaint originally when they first spoke about bailouts. more slipshod work by the legislative and executive branches.

i was referring to your 'hope' that mccain would return the money- a contention i find laughable.

He's got houses he doesn't even know about. Cindy needs more reconstruction?

Don't worry..."Bailout Barack" will fix everything. Yes he can...LOL

she's got houses he doesn't know about.

sure it matters because they're all running around saying that they just discovered the bonuses this week. okay maybe some of them aren't lying, like Geithner, just incompetent.

there's plenty of folly, but the majority of it is due to our corrupt and inept elected officials. they're going to save the world by managing all businesses now, good luck with that.

the current bonues as I understand it are primarily retention bonuses, not performance bonuses.

Then why have at least ten employees who helped build these derivatives
leftwith bonus checks in hand if retention was supposed to occur?

Where is the outrage when business "leaders" take government money
and walk? I will tell you why I think some of these guys at AIG are
getting the hell out- Because they dont want to be found when
all this false crap they built up is out in the open and they are
subject to jailtime... Retention my arse.

I am sure there are some very good minds at AIG that want to
try and sort all this mess out and do what is best. But there
are clearly a good number of crooks.

I can see the problem the Obama adminstration might have in
trying to sort out who really needs to be retained to help clean
the mess and who made the mess to begin with and have no
desire to fix anything. Some are in full retreat to the Bahamas.
Great patriots that they are. Obama's financial group has made
it clear that some employees at AIG are absolutely essential
to repair and moving on. They know the govt. cannot possibly
repair this without help from company officials.

don't know because I don't know how the contracts were written. if there was nothing precluding them from leaving then there is nothing to say. if they violated the contract then by all means, prosecute.

listen, when the government does the buying, they get taken every time.
i'm against the government involvement in the first place because then it becomes a circus like we have now.

they could have addressed this BEFORE the bonuses were paid, but I think they wanted to have the issue, and make Wall street the bad guy again, only it seems to have back-fired.

Yes.
Leave it to business and the free market
and it will all work out.

BS.

Did the govt. invent derivatives?

It aint late breaking.
It broke before Bush was out of office.