ST Alpha - "I don't really understand the whole AIG Bonus thing. Seems to me that the minute you stick your hand out to the government to help you..." (Reading a Post)

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I don't really understand the whole AIG Bonus thing. Seems to me that the minute you stick your hand out to the government to help you...

Posted by Jim (aka Jim) Mar 17 '09, 12:26

all that bonus shit becomes null and void.

It's like, "Hey mom...I fucked up my finances...can I please borrow some money so I can go skiing this weekend?"

What kind of sense does that make?

Course...I probably just don't understand.

Responses:

But, apparently, the rules for us normal people don't apply. -- nm - The Calico Cat Coalition Mar 17, 12:43
actually they might be a case where some people have made the deficit of AIG smaller then it could have been - Danedukenuuk Mar 17, 12:35
AIG was supposedly bailed out because "mom"s pension, annuity, 401k is held in trust and bankruptcy would hold it all hostage for years -- nm - zeitgeist Mar 17, 12:29
Think about the inertia of a corporate culture. It's hard to spin that around on a dime. -- nm - Taur na n�g Mar 17, 12:28 3
- "We can't stop, it's too dangerous, we've got to slow down first!" -- nm - znufrii Mar 17, 12:35
- one would think that losing billions of dollars would start the spin naturally -- nm - Guy Mar 17, 12:29 1
  - One would think that it would be like dropping the anchor while cruising at full speed, and ripping the bottom out of the boat. ;^) -- nm - Taur na nOg Mar 17, 12:30

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I don't really understand the whole AIG Bonus thing. Seems to me that the minute you stick your hand out to the government to help you...

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