Should the AIG Executives be paid bonuses?
AIG executives are slated to receive over $165 Million in bonuses for their work performed in 2008. In the same year, the US taxpayers have given AIG $170 Billion in bailout money to cover massive losses at the company. AIG claims they are under contract to give the executives these bonuses and need to pay them in order to retain "top talent". Barack Obama has vowed to try to block the payment of these bonuses. Who do you agree with?
Yes
Side Score: 20
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No
Side Score: 49
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This is a huge slap in the face to every taxpayer in the USA. How AIG thinks it can dole out $165 Million in bonuses to executives, including several who are no longer there, is an outrage. They received Billions in bail-out funds from the government and just now Congress is scrambling to get that money back, even if it includes 100% taxation! It was known beforehand that bonuses would be given and Sec. Geithner's job is, and should be, on the line pending investigation. Bonuses are normally given for a job well done. How can any of these people look at themselves in the morning and not feel shame and disgrace at this? People are losing their homes, jobs, investments and everything else one can think of while AIG employees are sprinting to the bank with even more money in their pockets than most of us will ever see in our lifetimes. I, for one, am truly heartsick that these people are without morals. They are truly beneath contempt.
Supporting Evidence:
Congress looking at huge taxes on AIG bonuses
(news.yahoo.com)
368 days ago | Tagged As: No This is OUR money
That is like saying that what AIG execs did were good jobs. I find it to be quite on the contrary. If you help run your business into the ground you are not exactly deserving the reward a raise is. I must say that they should not and I stand by it. After all it isn't like the gov is paying money out of THEIR pocket it is money out of OUR pocket 367 days ago | Tagged As: No This is OUR money
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