[nicolezmomma]

It makes no sense to loan a company money, then negatively profile the employees who stayed to clean up the mess, and then wonder why the whole company continues to fall apart. It seems like this is really what O's administration wants - for AIG to fall apart as some example. Unfortunately they are just throwing taxpayer money away.

Either don't loan them money in the first place, or formally nationalize the company and sell of the assets for Pete's sake. But don't loan taxpayer money and attempt to run the company through the Media.

[OrangeDaisy]

"Not all the employees who face the possibility of having their bonuses taxed out from under them work for the evil financial products division. Many of them work in insurance divisions. Very few of them pull down million-dollar bonuses, and none of them brought A.I.G. to its knees. (And employees who bought the company’s stock are already hurting financially, having seen its value virtually wiped out.) They are the ones the company badly needs to keep if it hopes to sell those units at a healthy price. Taking away their bonuses — after they’ve already put the money in their bank accounts — hardly seems like the right way to motivate them. And demonizing them in Congressional hearings doesn’t help either."

Ding ding ding ding!