[ml/nj]

Please explain. The doors would be shut and no one at the company would be receiving a pay check at all if not for the taxpayers bailing them out.

Well, why pay them a salary? After all they wouldn't be getting a salary if the govt hadn't stepped in. My understanding is that these people agreed not to leave the company when it became obvious that it was facing financial difficulties in return for a bonus to be paid if they continued to work for the company until a specified date.

And using your logic, the govt obviously wanted AIG to continue operating; how do you think that would have been possible if all of their management left to pursue other opportunities? (Or are you one of those folks who thinks people are interchangeable, and you could go down to the welfare office and find people to run AIG for $10/hr who would do as well or better as those people who were retained?)

ML/NJ

[DB]

First, a number of these employees got million dollar “bonuses” on the taxpayer's dime. Second, where exactly are these geniuses going to go if they leave? Frankly giving them a million dollars makes it much easier for them to walk away - if that's the claimed purpose of paying them the bonus. The financial sector isn't hiring.

These people engineered a catastrophe through greed and now the they expect the taxpayer to continue paying them at extreme levels for extreme failure. I strongly disagree with you on this one. It is obscene.