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Entries tagged with 'AIG'AIG bonus request symbolicRe: "AIG preparing to pay more bonuses to execs -- Bailout recipient seeks government's blessing but doesn't need it," Friday news story. Can you imagine paying the arsonist who burned down the building a bonus to rebuild it? No, not... On AIG's executive resignation letter in PointsLetter proved instructive Re: "Dear AIG, I quit! The following is a letter sent Tuesday by Jake DeSantis, an executive vice president for AIG's financial-products unit, to Edward Liddy, chief executive of AIG," last Sunday Points. Thank you for publishing... Our Economy in Turmoil: The "mole" at AIGIf this isn't am April Fool's Joke, then we all should be asking how we missed this. The Huffington Post is reporting that members of Congress want confidential reports filed over the past several years by a government-appointed auditor who... On the economy: The AIG conundrumIf the taxpayers own AIG (Always in Greed), and the executives from AIG who paid themselves those nice bonuses are also taxpayers, does that mean they own AIG, too? Maybe that's the problem. Polly Cooper, Dallas Congress, feel the pain... We can't trust corporationsRe: "IBM to lay off 5,000 in U.S. despite profits -- Positions in global business services group are expected to be transferred to India," Thursday Business. Even in light of $4.42 billion in fourth-quarter earnings, IBM has decided to send... Leading QuestionsOur quick-witted readers continue to treat us with a veritable buffet of observations. Think of Leading Questions as a weekly chance to pretend you're playing Jeopardy! (and in your imagnination, Alex Trebek can have a mustache, if that's what you... You can blame the DemocratsRe: "AIG execs go scot-free," by Amy Powell, Friday Letters. Powell says she doesn't see much difference between AIG executives and Bernie Madoff. Everything the AIG people did was aboveboard and legal. If you want to vent your ire at... It's not us, it's THEMMichael Lewis, on the culture of blame: As the financial crisis has evolved its moral has been simplified, grotesquely. In the beginning this crisis was messy. Wall Street financiers behaved horribly but so did ordinary Americans. Millions of people borrowed... Getting Congress' attention ...Re: "Some giving back bonuses, AIG chief says -- House to vote on taxing 90% of extra pay in bailout firms," Thursday news story. The House has moved with unheard-of speed in voting to impose a 90 percent tax on... AIG vs. an angry mobWhy I'm angry now Re: "Congress to AIG: You'll pay -- Lawmakers threaten 100% tax on bonuses if they're not canceled," Wednesday news story. I now officially join the chorus of the enraged. There is no option other than to... AIG execs go scot-freeI don't see much difference between Bernie Madoff and AIG executives, except Madoff will be the only one who will have to pay for his crime. Amy Powell, Dallas... Don't support AIGRe: "After federal bailout, AIG to give $100 million in bonuses -- Firm says it's legally bound to pay executives whose unit nearly ruined insurer," Sunday news story. I think I am going to become a thief. It is so... And we're surprised?Re: "Holding AIG Accountable -- Taxpayers deserve to see how money is spent," Tuesday Editorials. Congress' handling of AIG is like paroling history's most notorious thieves, providing them directions to Fort Knox, leaving the front door wide open and then... Does the AIG flap hurt Obama's agenda?Quite a few people think the populist anger surrounding the AIG bonuses will undermine Obama's financial rescue/recovery plans. It could, but I don't think it will. Main Street is mad at Wall Street, and rightly so. But I see the... Teachers' bonus like AIG's?Re: "Obama unveils plan to reshape schools -- Longer days, uniform state standards, merit pay among ideas," Wednesday news story. Regarding President Barack Obama's proposal for merit pay for teachers: I'm all for it. Just be sure to structure it... Losing jobs for causeRe: "After federal bailout, AIG to give $100 million in bonuses -- Firm says it's legally bound to pay executives whose unit nearly ruined insurer," Sunday news story. I don't understand: All the big shots have to have a bonus... Hey Grassley, should failed politicians kill selves?I get where Sen. Grassley was going with his suggestion that AIG execs should kill themselves. He's trying to point out that these highly placed businessmen who ruined so many lives with their irresponsible actions should be deeply ashamed of... AIG -- getting the money backThere's enough anger out there for more than a single day of AIG talk. So, let me pose this strategy and see whether lawyers and others in the crowd think that this has a chance. After all, AIG isn't the... AIG and Obama's political capitalI'm pretty sure I'm not one of those hyper-reflexive, fully-immersed-in-the-tank, he-can-do-no-wrong Obama defenders. (In fact, I work in close proximity to a few, so I know what they look like.) That said, I'm not sure I can sign on to... The AIG bonus outrageLook, I'm as outraged as anybody at AIG's bonuses, but I'm more angered by what was revealed by AIG today: the beneficiaries of its bailout cash. Billions and billions of taxpayer dollars went to pay off investment banks -- Goldman,... |