AIG, I have always understood that bonuses were based on performance and profits, neither which AIG has. The money they are so freely handing out is not profit. So how can AIG treat it as such, the money is a negative not to be treated as profit or even windfall. Contract or no contract, AIG has no respect or moral compass or responsibly to where the money came from. The American Tax payer money is not a bonus, it was given in good faith that it would be used wisely and responsibly. To that end, AIG should be punished for their action. What they did was break the contract with the government and the American people. AIG first priority is to those how gave it to save the company, not to reward those who raped it. At the least, with all their so-called problems, giving bonuses was the first thing they could think of to do with our money? Big business corruption abound, it’s time to say the American people will no longer flip the bill for the government’s affair with big business and big business greed and moral misconduct. SHAME ON AIG FOR SLAPPING US IN THE FACE AND SHAME ON UNCLE SAM FOR LETTING THEM.
Chris Wager
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Washington continuous insult of the American public’s intelligence with their ridiculous song and dance with AIG CEO Martin J. Sullivan is reminiscent of a re-run of law. “I want names!,” says one committee member and no names are given. AIG is a public company therefore their annual reports, which has been audited by Price-Waterhouse for years, are public. So the fact that
Pres. & CEO Martin J. Sullivan, Exec. VP & CFO Steven J. Bensinger,
Senior Vice Chairman — Life Insurance Edmund S.W. Tse, Exec. VP — Domestic Personal Lines Robert M. Sandler,
Exec. VP — Retirement Services Jay S. Wintrob, and Exec. VP & CIO Win J. Neuger are stealing millions of tax payer dollars should be no major mystery.
Also on the bonus list are:
Marshall A. Cohen, Ellen V. Futter, and Stephen L. Hammerman.
And very much involved in this injustice to the American Tax payer are AIG’s Board of Directors: STEPHEN F. BOLLENBACH (since January 16, 2008), MARTIN S. FELDSTEIN
(since 1987), RICHARD C. HOLBROOKE (since 2001), FRED H. LANGHAMMER (since 2006), MORRIS W. OFFIT (since 2005), JAMES F. ORR III (since 2006), MARTIN J. SULLIVAN (since 2002, & also the CEO), MICHAEL H. SUTTON (since 2005), ROBERT B. WILLUMSTAD
(Director and Chairman since
2006), and Frank G. Zarb (Non-voting Member)
For those that want to personally thank these people visit them or send them a thank you card to: AMERICAN INTERNATIONAL GROUP, INC., 70 Pine Street, New York, N.Y. 10270
Thanks
Your right, but when will it end , or should I say were is the bottom?