AIG WTF?

Posted on March 18, 2009

I’m already getting tired about the news relating to AIG.

What’s funny is I can see no difference between what AIG is doing and what Bernard Madoff did. Bernard Madoff tricked people out of millions of dollars. AIG tricked the taxpayers (and the President) out of millions of dollars. Like looking in a mirror. *shrugs*

I think one Congress person made a great comment. Why give someone a bonus if they are the ones responsible for helping to land the company in the trouble they are in. Thanks for canning our company, here’s $4.62 million dollars for your efforts! WHATEVER!!!

Plus it appears that AIG with these contracts made no clauses to protect themselves? Did these “contracts” come into play before the bailout money or after? So even without the bailout money, AIG would STILL have to pay the bonuses? Sinking the company even further? Makes no sense. Even as I try to explain this to myself, I can’t understand it.

In my opinion I think whomever took these “bonuses” from AIG are no different in their actions, than Bernard Madoff.

So at the end of the day AIG laughs while on their way to the banks and Bernard Madoff goes back to his penthouse, while we all suffer.

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