Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

AIG bonus outrage has employees living in fear(Shouldn't Our Congress be living in fear?)
http://news.google.com ^ | March 20, 2009 | By JOHN CHRISTOFFERSEN

Posted on 03/21/2009 9:34:38 AM PDT by Maelstorm

Longtime pillars of the community are now pariahs living in fear, hiding behind locked gates and security guards amid the public outrage over bonuses paid with taxpayer bailout money.

Payouts by American International Group Inc. appear to have put a face on the economic struggles the country faces, and the anger targeting AIG executives living in this ritzy area of Connecticut is palpable. Death threats have been pouring in since the brouhaha broke, the company said, and its workers are taking no chances.

"It's scary," one executive said, speaking on condition of anonymity because he feared retribution. "People are very, very nervous for their security."

The financial products division is in Wilton in Fairfield County, and many of the company's leaders live in large homes on the "Gold Coast," an area known more for golf courses and sweeping views of Long Island Sound than for the police cars that now regularly patrol the well-kept streets.

Corporate officials advised employees in a memo later posted on Gawker.com to avoid wearing the company logo, in an effort to keep from drawing attention. Workers were also urged to travel in pairs at night and park in well-lit areas.

And typifying the preoccupation with the AIG payouts, a busload of activists plans to drive by executives' houses Saturday in an attempt to deliver letters highlighting the strife of ordinary families in the recession and seeking solutions for economic recovery.

AIG said Friday that at least three executives who received bonuses planned to return the money, including James Haas and Doug Poling, both residents of Fairfield County.

"However someone may feel about the appropriateness of the retention payments, there is nothing appropriate about the threats that people have made to and about employees," company spokesman Mark Herr said in a statement. ...

(Excerpt) Read more at news.google.com ...


TOPICS: Front Page News; News/Current Events; Politics/Elections; US: Connecticut
KEYWORDS: aig; congress; fear
Navigation: use the links below to view more comments.
first 1-2021-4041-43 next last
I think the focus is in the wrong place. AIG is supposed to eventually pay the money back and they did receive billions. I think the public is being tricked. The President and the head of the banking committee, Chris Dodd, received more money from these financial institutions than any other two politicians. Obama received over $100,000 himself and he has to this point not given it back. Isn't it time for him to set the example? Also any Republican who took money from these companies should be giving it back. The cost is small and the moral authority it would give back to the GOP would be great in pressuring Obama and Dodd. Also the GOP should be pledging not to take any campaign funds from companies that receive bailout dollars.
1 posted on 03/21/2009 9:34:38 AM PDT by Maelstorm
[ Post Reply | Private Reply | View Replies]

To: Maelstorm

The democrats made the bonus deal behind closed doors at the direction of the treasury/Obama administration.


2 posted on 03/21/2009 9:38:02 AM PDT by cripplecreek (The poor bastards have us surrounded.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Maelstorm

“I think the public is being tricked.”

Allow me to put your mind at ease. You can definitely believe that’s the case.

Guess where the first $100 billion went? The BoE


3 posted on 03/21/2009 9:42:54 AM PDT by wolfcreek (There is no 2 party system only arrogant Pols and their handlers)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Maelstorm

Hanging our “toxic” politicians would be too good for them.

I think our beloved TOTUS as well as our “Toxic” representatives are mentally challenged. Everywhere in the world, socialism/communism has proved to be a stagnant economic model at best. Yet, these imbeciles are leading the World’s Engine down the path of economic ruin. There is no excuse for this stupidity. None!


4 posted on 03/21/2009 9:44:53 AM PDT by Chgogal (Don't look at me, Comrade. You elected them! Hail to our very own President Mugabe!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: wolfcreek

How about a tour of the homes of Harold Raines and Jami Gerelick who conveniently got out of town with a boat load of bonuses while lying on the financial statements at Fannie Mae.

Vince


5 posted on 03/21/2009 9:45:24 AM PDT by Mouton
[ Post Reply | Private Reply | To 3 | View Replies]

To: Maelstorm
The founding fathers would answer 'yes' to your question. See my tag line.

Carolyn

6 posted on 03/21/2009 9:46:12 AM PDT by CDHart ("It's too late to work within the system and too early to shoot the b@#$%^&s."--Claire Wolfe)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Maelstorm

“Remember, remember the fifth of November...”


7 posted on 03/21/2009 9:46:21 AM PDT by Little Pig (Is it time for "Cowboys and Islamofanatics" yet?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: cripplecreek

Yes I know but does anyone else beyond freerepublic and talk radio? We should be running campaign commercials whipping up the anger to that point. Should be raising money to stop this insane congress and President. I just wish those in the GOP leadership would do their fn jobs. Here in VA a bunch dmbfcks want to move back to the same slow minded genteel leadership that lost the governorship and too Senate seats. I swear Republican party insiders have confused having horse sense with horse shit.


8 posted on 03/21/2009 9:48:56 AM PDT by Maelstorm ("I don't want them punished with a baby," -Barack Obama on Daughter's getting pregnant)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Chgogal
There is no excuse for this stupidity. None!

You are making the assumption that they want to improve things. Assume for a moment that Obama is an economic terrorist and that he wants to destroy the American economy.

Making that asssumption, everything he does makes perfect sense.

9 posted on 03/21/2009 9:50:14 AM PDT by BILL_C (ANSWER Palin is unqualified with SO IS OBAMA, but Gov.Palin is all American, and is NOT A MARXIST!)
[ Post Reply | Private Reply | To 4 | View Replies]

To: CDHart

Yes they would and they would have already been in D.C. Every day I have to hold myself back because what I want to do and what I know needs to be done is something I fear indulgence in.


10 posted on 03/21/2009 9:51:41 AM PDT by Maelstorm ("I don't want them punished with a baby," -Barack Obama on Daughter's getting pregnant)
[ Post Reply | Private Reply | To 6 | View Replies]

To: lonevoice

Can the families of these execs who have received death threats, bring lawsuits against individual senators and congressmen in civil court if something bad should happen to any of them (heaven forbid), or if they should continue to be harassed and/or receive death threats? I think the words of many of our senators and congressmen could be used against them in a court of law. After all, they leveraged the full power of the government against these execs (which was unconstitutional, by the way) to cause the citizenry to rise up against them. The lawsuits would be against individual senators and congressmen, not the Federal Government. Hmmm . . . .


11 posted on 03/21/2009 9:54:21 AM PDT by Pride in the USA
[ Post Reply | Private Reply | To 1 | View Replies]

To: Chgogal

I’m so tired of them. Even those who I thought were fighters have proven themselves nothing more than “politicians”. Locally Eric Cantor has continued to disappoint me. I don’t know what has happened to him. It is as if they live in their own little world with the media. Both groups deserve something none of us are brave enough to delivery.


12 posted on 03/21/2009 9:54:41 AM PDT by Maelstorm ("I don't want them punished with a baby," -Barack Obama on Daughter's getting pregnant)
[ Post Reply | Private Reply | To 4 | View Replies]

To: Pride in the USA
Congresspeeples have immunity from lawsuits for anything they say in the hallowed halls and rooms.

Leni

13 posted on 03/21/2009 9:55:56 AM PDT by MinuteGal
[ Post Reply | Private Reply | To 11 | View Replies]

To: Maelstorm

When do Jamie Gorelick and Franklin Raines have to give back the $25 million and $90 million respectively in bonuses they fleeced from Fannie Mae when the groundwork for the current mess was being laid under their watch and direction? There should be people outside their homes.


14 posted on 03/21/2009 9:55:56 AM PDT by raptor29
[ Post Reply | Private Reply | To 1 | View Replies]

To: Mouton

Yep. Franklin Raines should be living in fear: $91.1 million in his pocket. He’s a thief and should be behind bars.


15 posted on 03/21/2009 9:58:09 AM PDT by Bluebird Singing
[ Post Reply | Private Reply | To 5 | View Replies]

To: Maelstorm
I think the elected criminals in DC should be fearing this at least....


16 posted on 03/21/2009 9:59:28 AM PDT by machman
[ Post Reply | Private Reply | To 1 | View Replies]

To: Maelstorm
Maybe we should organize a bus tour of all the Congresscritters homes.

I'd be willing to be that Pelosi and Feinstein and Dodd all live in nicer homes than any of the AIG people who got bonuses.

BTW bring your torches and pitchforks.

17 posted on 03/21/2009 9:59:52 AM PDT by P-Marlowe (LPFOKETT GAHCOEEP-w/o*)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Maelstorm
The AIG people and Liddy should storm the Congress floor, tell it like it is a let the chips fall where they may.

I remember in the past when Congress brought up people to testify, those people did not take the BS from Congress, remember Howard Hughes, Hoffa's rant's, those that shouted back at McCarthy (he was right)when they called that a Witch Hunt.

Liddy needs to SHOUT back and accuse them of their wrongdoing and do it in the public forum, do it now, I am sure he knows by now that we are somewhat on his side. Not that AIG was blameless, just that CONGRESS was the instigater of all this FRAUD.

Since Liddy is not getting paid for his job, he don't have to take their BS, what the H___ does he have to lose?

18 posted on 03/21/2009 10:00:58 AM PDT by annieokie
[ Post Reply | Private Reply | To 1 | View Replies]

To: Pride in the USA

Unfortunately, Congress has immunity for what is said on the floor I believe.

Vince


19 posted on 03/21/2009 10:01:23 AM PDT by Mouton
[ Post Reply | Private Reply | To 11 | View Replies]

To: Pride in the USA

Can the families of these execs who have received death threats, bring lawsuits against individual senators and congressmen in civil court if something bad should happen to any of them (heaven forbid), or if they should continue to be harassed and/or receive death threats?
________________________________________________

I hope to hell they do.


20 posted on 03/21/2009 10:02:45 AM PDT by RushIsMyTeddyBear (Obama dozed.....people froze.)
[ Post Reply | Private Reply | To 11 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-4041-43 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson