[cripplecreek]

Retention Bonuses Are Extortion

Then maybe the white house shouldn't have made sure they would get paid.

[CGASMIA68]

This AH needs to be investigated and prosecuted and any one that votes for him has a serious problem

[Swordmaker]

"We know what you need to know and we will quit if you don’t bribe us." Gee... this could be extended to everything in commerce:

"We have the groceries you need to eat, and we won't give them to you unless you pay us."

"I can dig the ditch you want but I won't do it unless you pay me."

[Kansas58]

And Labor Unions never use “extortion”???

And ACORN never uses “extortion”???

Barney Frank’s friends at Freddie and Fannie made a lot more money than any of these bonuses.

[randog]

...Frank joked, arguing that the initial loans to AIG (totaling more than $173 billion) came from the Bush administration “without any Congressional input.”

Is he talking about TARP? If so, then I remember a lot of congressional input, especially since I called mine to stop that train wreck.

[FlingWingFlyer]

Bahney Fwank is proof that ANYONE can be a congressman.

[mbraynard]

Apparently Frank Rich things the employees belong to the company. He, like most leftards, need to familiarize themselves with the constitution - like the 13th Amendment.

[kcvl]

REP. MIKE PENCE, R-IND.

You know, it was back in 2007 that Barney Frank authored a bill that capped executive compensation across the board, well before any bailouts, well before any crisis on Wall Street. And I believe that then-Senator Barack Obama had the companion legislation in the Senate. And now we read this morning that the administration’s talking about broad-based caps on compensation.

http://www.cqpolitics.com/wmspage.cfm?docID=news-000003081509

[chs68]

Here's a question for Barney Frank:

If retention bonuses are extortion, then what would you call campaign contributions to Members of Congress?

[JrsyJack]

He argued that there is a large pool of very talented people who have lost their jobs in the financial crisis and that AIG could replace the bonus recipients (some of whom are responsible for creating the firm's now-toxic assets) rather than bribe them with retention bonuses.

Sure Barney, people are lining up to work at AIG especially after you and your mob put a bullseye on every employee's back. Is he really this ignorant to the results of his actions?

[alrea]

And campaign contributions are bribery.

[PubliusMM]

Bawney Fwank is a pig...an arrogant gas bag. AND, he is one of the primary cast of characters responsible for this economic crisis, and is continuing to perpetuate it by his vile rhetoric.

It’s time to take back the country.

[Jacquerie]

Think about how many company boards these 535 congress clowns sit on.

GM, AIG, your local school system, hundreds of banks, your local hospital, etc. Are we at FR the only people to question the gross incompetence and unconstitutionality of these pretenders to effectively/legally run so many enterprises?

[ButThreeLeftsDo]

Barney knows extortion when he sees it.

He wouldn’t know male prostitution if it bit him in the ass....

[Brad from Tennessee]

Frank and Congress should not meddle in areas outside their expertise. Biographies of Frank reveal that he has never held a legitimate job in his life. His experience in business is limited to a trouser-pilot prostitution ring Frank's “husband” operated out of their home. Cops busted them in 1990.

[moneyrunner]

As a member of congress, he's an expert on extortion ... and bribery. The Banking Queen

[Brad from Tennessee]

[. . .I don’t think any of them want us to believe that it (AIG bailout)started on January 20, 2009,” said Frank.]

Actually the AIG bailout plan began in September 2008, shortly after AIG gave the New York Democratic Party $100,000 and Gov. Patterson appealed to the Federal Reserve on AIG’s behalf.

[boothead]

I think ole Barney Frankfurter-eater has ate too many wieners

[Erik Latranyi]

Retention Bonuses Are Extortion

Mr Frank, what is it called when Congress witholds federal highway funds unless states implement the 55 MPH speed limit?

Mr Frank, what is it called when Congress witholds funds unless states raise their drinking age to 21?

Mr Frank knows extortion since he has been engaging in it since being elected.

[OpusatFR]

Barney Fwank and the Congresscritters are guilty of THEFT.

Not one of them deserves a dime of salary for the disaster they have created.