The AIG bonuses

[day_for_night]

Re: The AIG bonuses

they're not gonna get to keep the bonuses. congress is gonna tax them back if they don't surrender them on their own...

http://www.calgaryherald.com/Congress+vows+back+bonuses/1399186/story.html

congress actually did something...wow.

[FM]

Re: The AIG bonuses

Ummm, no they didn't. Lookee what I found:

http://porkulus.butasforme.com/?p=110#bonus

It's actually IN the TARP plan (that "no one read" and was "rushed through") that any company getting TARP money is prohibited to get extra money, but, BUT "the prohibition required under clause (i) shall
not be construed to prohibit any bonus payment required to be paid pursuant to a written employment contract executed on or before February 11, 2009, as such valid employment contracts are determined by the Secretary or the designee of the Secretary."

Oh, ok. Only the newest employees and executives can't get bonuses now. Whew.

[day_for_night]

Re: The AIG bonuses

^
|
huh? congress says they will tax the individuals who received the bonuses for the full extent of the amount they received. as in a tax levied on those specific people for 100% of the bonus. what does that have to do with TARP?

[Miroslav]

Re: The AIG bonuses

Congress talks tough because it's politically safe to do so, but I'll be surprised if they actually have the guts to go through with it.

[day_for_night]

Re: The AIG bonuses

why wouldn't they? it'd make whoever spearheaded it look like a champion of the common man. it'd be the easiest re-election they ever won...

[runningman]

Re: The AIG bonuses

I wonder how many of the politicians took money from AIG in the past??

Also will Obama ever talk without a teleprompter?? At least Bush shot from the hip.

[FM]

Re: The AIG bonuses

^
|
huh? congress says they will tax the individuals who received the bonuses for the full extent of the amount they received. as in a tax levied on those specific people for 100% of the bonus. what does that have to do with TARP?

Double-speak...nothing new, but it was passed in that bill that bonuses were essentially allowed to any company that got TARP/bailout money. They can attempt to tax all they want anyway; I'm sure many won't need to pay back much if their tax structures are solid.

Makes me wonder if this hullabaloo is to cover-up something else either currently going on or about to i.e. funnel some more money elsewhere...

[superdave]

Re: The AIG bonuses

We finally learned it was the Treasury department under Geithner according to Sen. Dodd that allowed the AIG employees to get their bonuses. That was really tough information to get out of Treasury and the White House yesterday. No one came forward for awhile to admit they had approved the bonuses.

Geithner should face criticism and ultimately so should Obama who he works for. They weren't exactly forthcoming with all the information either. And neither was Dodd. I assume they hoped this would go away, but the public and media were too upset by this.

[Miroslav]

Re: The AIG bonuses

At least Bush shot from the hip.

Yes, and look how great that worked out for us all.

[floridaorange]

Re: The AIG bonuses

Also will Obama ever talk without a teleprompter?? At least Bush shot from the hip.

Come on running are you really going to make a comparison between Bush and Obama's speaking ability? lmfao, everyone is infallible, especially given the amount of sleep these guys get. Politicians don't write most of their speeches or briefings or press conference statements.

[Shpira]

Re: The AIG bonuses

I can't even bear myself to look at this thread...these bonuses are such Bullshit!

[Steve Graham]

Re: The AIG bonuses

I wonder how many of the politicians took money from AIG in the past??

Also will Obama ever talk without a teleprompter?? At least Bush shot from the hip.

because that's close to where his fuckin brains were.. how many stupid things shot from his mouth... talking about OB/GYN's not being able to practice their love on women? lol

yeah, teleprompters are a bad idea..

Obama needs one, he's so pissed off, he probably would just let loose and tell these greedy ignorant fuckers where to go if he didnt have a teleprompter

[runningman]

Re: The AIG bonuses

ya right he doesn't know how to speak without one. I haven't seen one speech without a tele.. I think that is pretty sad coming from a guy that went to Harvard. Not very impressive IMO. Anybody can read from a tele.

[toasty]

Re: The AIG bonuses

ya right he doesn't know how to speak without one. I haven't seen one speech without a tele.. I think that is pretty sad coming from a guy that went to Harvard. Not very impressive IMO. Anybody can read from a tele.

I've seen him in person multiple times, most of the time without a teleprompter. He uses the TP for really big speeches.

[Steve Graham]

Re: The AIG bonuses

ya right he doesn't know how to speak without one. I haven't seen one speech without a tele.. I think that is pretty sad coming from a guy that went to Harvard. Not very impressive IMO. Anybody can read from a tele.

lol.. the more you post the more irrelevant those three letters really are.. sorry, but my god you come out with some CRAP