bonuses
Hey remember just like a couple months ago when everybody was so angry over the AIG bonuses? Get ready to be outraged all over again because duh, of course a whole bunch of people knew these bonuses were going to be awarded and they did nothing to stop it because they were too busy saving [...]
Remember how the derivatives people at AIG got big bonuses last week and everyone went nuts including the House which ran around trying to tax everything? Uhh: “Attorney General Andrew M. Cuomo of New York announced late Monday afternoon that 9 of the top 10 bonus recipients at the American International Group had given back [...]
Populism, hurrah! There are now “Bus Tours of AIG Executives’ Mansions,” in Connecticut. Your tour guide? Chris Dodd, maybe! This will show these wretched villains! Here is the live video. [BoingBoing]
Goddammit. We began this week fueled by the fires of righteous indignation that those AIG twats were getting money, any money at all, from the government or anybody else, regardless of when it was awarded or for what purpose, because seriously what a crowd of worthless cocks. But now just several days later, our House [...]
Really, this rigmarole about Chris Dodd being the lyingest liar of liars who is responsible for the AIG bonuses because he took money from their contributors before the company broke down is… weak. Trite even!
Anybody else feeling some rage fatigue here? Some congressional grilling fatigue? Anyone else just want to rent out the world’s biggest Dumpster and put in it every financial goon whose name has made the front page of the New York Times in the past 24 months? Well, that’s what the ‘Tussin is for. A few [...]
Rendered in delightful AOL wingnut allcaps. The remarks are brief and uninformative and do not go into any great detail about the bonus scandal besides saying, “Compensation, we are looking into it.” [House of Representatives (PDF)]
Poor Eddie Liddy has to work for AIG for $1 a year and spend all his time defending the doofuses who thought it was a good idea to pay their employees hundreds of millions of dollars to fail. Watch him squirm in front of the House Financial Services subcommittee in just a few minutes, as [...]
So when the news came out about AIG spending hundreds of millions of dollars on bonuses for the incredible losers who, in running one tiny tiny segment of a huge and otherwise very stable company, managed to completely destroy the whole company and indeed the entire global economy, AIG said, “Well obviously we cannot get [...]
Goddammit are rich people still getting rich these days? Observe: Google’s top four executives received million-dollar-plus bonuses last year — a truly repulsive amount when everybody else in the country is starving. Wait, what’s that you say? They haven’t asked for a bailout yet? WELL BUT STILL. [AP]
For a few brief minutes it seemed like the executive pay cap proposal and a provision to recoup some of the bailout money spent on bonuses might actually stay in the stimulus bill. But ha, no, of course not. It looks like they will both die on the operating table. Still that was nifty for [...]
Aaargh NUMBERS ARE CONFUSING. This morning we have two (2) bits of information regarding what will happen to America’s fabulously wealthy Wall Street executives if and when the stimulus bill becomes a law. But it is sort of complicated, and who knows, these provisions seem to change by the hour, so do not be shocked [...]
