Comments on: AIG Bonuses! Can anything be done at this point?

By: Cliff Vaz

Cliff Vaz — Wed, 06 May 2009 00:22:08 +0000

The fact that AIG bonuses were paid using bailout money is an obvious example of money being appropriated where it shouldn’t be. The “bailout money’s” purpose is to “right the ship.” Of course this would lead to an uproar in response. I’m not the least bit surprised that this took place. Clearly something seems “fishy” about the whole scenario and it would be nice if the term ” consequences ” could be applied here. Unfortunately, I don’t see anyone in the foreseeable future being punished for this ridiculousness.

By: Ashley Rocca

Ashley Rocca — Tue, 05 May 2009 01:48:58 +0000

I think that if a corporation has been bailed out by the government, they shouldn’t be rewarding employees. Granted, the company could have been contractually obligated to give their employees bonuses before the downfall. With that said, the government should have stipulated that if given the bailout, than no bonuses allowed. I think that the government should now tax a lot for these bonuses

By: Chris Marino

Chris Marino — Fri, 01 May 2009 04:12:45 +0000

I think that its sick that are tax dollars were used to pay these already rich executives, and the government actually let this happen. could have been better used, but it seems like thats the new trend now is to missuse money, and thats why we are in the mess were in. I think that everyone who took part in this should be brought up on charges because its basically stealing. To think our government played us like that when were in an econmic crisis is sick. There isnt much that can even be done about this because there the government and they control whats going on. For lack of a better word i would say we are screwed.

By: Lauren LaCommare

Lauren LaCommare — Fri, 01 May 2009 03:01:11 +0000

In many cases the executive bonuses are part of their expected salary, although they are tied to company profit many of the company executives recieve very little base compensation. obviousley the exectuvies should not have been paidp such a high amount considering the extreme financial situations in which their company was in.

By: John Shaw

John Shaw — Wed, 29 Apr 2009 23:18:49 +0000

This really pissed me off to hear. But if Tim knew of this, and let it happen, he should be imprisoned. So should some of the executives for accepting them. Sure we would all like to be those people who received some of that money but seriously… your family your friends, are paying for these bonuses with the taxes. I think a lot of companies like AIG are responsible for the economy. Therefor why should many of them receive money? The company like you said, should be stable before ANY money goes out aside from regular hourly or yearly wage. Perfect example of why this country is so pathetic now. Greed, stupidity. If there weren’t regulations to protect this money AND people to watch over it, then the government once again didn’t do their job. All the money should be given back and if not, fined back from those who took it. Until we as a nation get out of this debt, NOBODY can be taking kickbacks. nobody sitting on the side getting free tax money. I sometimes think it will never change and I’m thinking of moving to England where I have dual citizenship. But who knows they could be just as idiotic, only one way to find out! The money should’ve given back if it wasn’t needed.

By: Andrea Rovedo

Andrea Rovedo — Tue, 28 Apr 2009 00:09:15 +0000

When i heard that AIG gave their bailout money for raises..i was furious.. How could they do that knowing we are all suffering from and economic crisis. It is mind boggling that a company would do this. The money needed to be returned right away and an apology needed to be made. I still can’t believe that this happened.

By: John Devlin

John Devlin — Sat, 25 Apr 2009 16:26:39 +0000

i think that all the money should of been given back to the people and not in some guys fat wallet, also we could of used that money to help bail out some of the ecomoy debt and help out all the struggling people…

By: Jenny Frost

Jenny Frost — Thu, 23 Apr 2009 13:38:26 +0000

my thoughts are simple that we shouldnt be using what they take out for taxes to be paying for important peoples jobs such as the police men and firemen. why would we want to lose our money every week to having that money go to them instead it come to us. we worked hard on that money so dont u think we should get it with our weekly pay checks.

By: Stephen Ikalainen

Stephen Ikalainen — Tue, 21 Apr 2009 01:18:16 +0000

I feel that AIG and all these companies that received bailout money need to return the money and reinvest this money into the economy. The executives don’t deserve to take the governments money that is meant to help our economy and benefit the country as a whole. Tim needs to re evaluate his plan on how to help stimulate our economy. I believe Tim should be replaced by someone who is more honest and actually takes an interest in the idea of making our economy come back to its normal state. Tax payers should not pay for these big companies and their own mess-ups making it harder on the working class who is the backbone of our economy.

By: Bianca LeBranti

Bianca LeBranti — Mon, 20 Apr 2009 21:44:54 +0000

I think that AIG AND TIm Geithner need to be held responsible. First of all Tim Geithner new about AIG using the money for company bonuses. This country is in an economic crisis and I feel that all we do is keep making the rich richer and the poor poorer. We are the richest and most powerful country in the world and we have people starving and living on the streets. Does that seem right? At the same time we have people that have multiple homes around the country/world and there taking our tax money and getting a big fat bonus, deserved or not deserved this should of never happened. Tim Geithner should be forced to resign, obviously he does not have the peoples best interest in mind.