Let's say you are an AIG employee

Discussion in 'Psychology' started by Pekelo, Mar 18, 2009.

  1. Pekelo


    You work for the insurance department and your part of the company made money. You got a bonus. Now the CEO is asking for at least half of your bonus back.

    What do you do???
  2. I think Liddy is focusing on asking the bonuses back from the financial products division, not insurance division
  3. I'm a taxpayer. I want you to keep all of your bonus, I'll never miss the money.
  4. Top 10% of income earners pay 70% of all income taxes. So, all you poor a-holes that are crying about the bailouts of banks and AIG need to STFU. You're not paying for it anyway.
  5. slacker


    These employees signed a contract to continue working for a period after their job was gone. Seems the government and the employees in question entered into the contract in good faith.

    From wikipedia
    I will bet that the Constitution and the rule of law holds and the employees get their money.
  6. These employees signed a contract to continue working for a period after their job was gone. Seems the government and the employees in question entered into the contract in good faith.


    Wow, some good faith, I am directly responsible for losing $60 Billion dollars and when told that my job is now history I get to agree to stay on to prevent the company losing any more money due to my complete incompetance and for that I get a nice fat million dollar bonus. The sense of entitlement is staggering, I f**ked up but wait if you promise me a million dollars then I will try not to F**k up anymore, wonderful, wish I got paid like that.
  7. eagle


    The chairman admitted that mistake had been made and gave a reasonable explanation about those bonuses. He has to solve two problems - to calm down the public wrath and at the same time to keep his employees satisfied. I think the solution he has taken is the best possible. Now, we all (public/congress and AIG employees) should accept and move on to focus on the bigger problem.
  8. slacker


    This is just political misdirection pointing to $168m which is nothing on a day when the Fed created $1 TRILLION out of nowhere. Are you indignant and pissed about the Treasury purchase today. Or are you not worried about it because you got a 90 point bounce in the Dao?
  9. I do not think the bonuses are warranted since the company is recieving the largest bailout in history. On the other hand if I worked at AIG and received one, I would feel different.
    If I were a college student right now analyzing the clearest path to the top spots at the largest companies in the U.S. I would possibly come to the conclusion that I should simply fuck up and that would be a clear path to the top where I could the fuck up more than anyone else in the history of the job had. I would then be fired after a year in which I would collect 100m-1b.

    The lesson I would take away is the new losers win culture that has taken over here.

    eg Stan O'Neal.............John Thain
  10. Liddy made an interesting argument for paying the bonuses. It was the doomsday argument. If these people were not paid that AIG would blow up and therefore probably the whole financial system would blow up.

    And you know what, I trust Liddy more than I trust ANY Gubmint official. The guy had nothing to do with AIG and he is not being paid a red cent.

    I say pay the blackmail money.

    These AIG boys and girls have the power to destroy the financial world in their hands. Up until now I always thought that kind of financial power in this country was held by the likes of helicopter Ben, congressional heads of appropriation committees, Treasury Secretaries and yes even the POTUS.

    But evidently those boys and girls are impotent when compared to the nameless, faceless boys and girls at AIG who just received a 160 mil.
    #10     Mar 18, 2009