Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Politics and Other Controversies
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
View Poll Results: What do you think about the AIG bonuses
The executives should get their bonuses 6 40.00%
The executives should NOT get their bonuses 8 53.33%
Other 1 6.67%
Not Sure 0 0%
Voters: 15. You may not vote on this poll

Reply Start New Thread
 
Old 03-21-2009, 11:47 PM
 
3,301 posts, read 6,310,584 times
Reputation: 810

Advertisements

What do you think about the AIG bonuses

What people are saying about AIG bonuses
What people are saying about AIG bonuses - Opinion - USATODAY.com
Reply With Quote Quick reply to this message

 
Old 03-22-2009, 12:12 AM
 
3,301 posts, read 6,310,584 times
Reputation: 810
Some of them should be investigated to see if they committed some fraud in helping the company fall.
Reply With Quote Quick reply to this message
 
Old 03-22-2009, 08:53 AM
 
3,301 posts, read 6,310,584 times
Reputation: 810
Personally, I think if the corporation lost over 100 billion dollars, no one should get a penny.

It's March Madness. If a team losses, the whole team loses, not just a couple of players. It's sad, but that is what team-work is all about. Corporations work as a team not thousands of individuals. The whole corporation goes down not just a few departments.

If upper management can't work the corporation into a team, then upper management should be fired... not given bonuses until they get it right.

I worked for a large, non-profit health insurance corporation for almost 20 years. We didn't get bonuses. We just worked for the subscribers.
Reply With Quote Quick reply to this message
 
Old 03-22-2009, 09:07 AM
 
Location: LEAVING CD
22,974 posts, read 26,889,996 times
Reputation: 15644
While I don't like it they should get them as a last paycheck. They're contracturally obligated to pay them, the government approved them so pay them but not again for any government owned company.
Reply With Quote Quick reply to this message
 
Old 03-22-2009, 10:02 AM
 
Location: Virginia
654 posts, read 1,207,547 times
Reputation: 345
Of course they should get their bonuses. They are CONTRACTUALLY entitled to them!

And another thing. Like it or not WE now own about 80% of AIG whether we like it or not. Considering this fact, don't you think that it is in our interests that AIG remain an attractive place to work for the best and the brightest? How in the world do you expect to attract smart, competent executives to a company if they are given the impression that their compensation can be denied to them based on little more than a witch hunt?

Let me ask something to those who think that they shouldn't receive a penny: Do you want to send the message that a company you own (as a taxpayer) doesn't honor it's contracts with those hired to run it?
Reply With Quote Quick reply to this message
 
Old 03-22-2009, 10:13 AM
 
Location: Oakland, CA
858 posts, read 2,230,243 times
Reputation: 368
^^^

They won't have any problem attracting talents. There are literally 30K-50K Wall Street looking for jobs at this point. What kind of talent when you are responsible for bankrupting the company? I definitely won't be hiring these losers.
Reply With Quote Quick reply to this message
 
Old 03-22-2009, 10:25 AM
 
Location: Virginia
654 posts, read 1,207,547 times
Reputation: 345
Quote:
Originally Posted by ubringliten View Post
^^^

They won't have any problem attracting talents. There are literally 30K-50K Wall Street looking for jobs at this point. What kind of talent when you are responsible for bankrupting the company? I definitely won't be hiring these losers.

Do you know that these people being targeted are the ones who are responsible for bankrupting the company? If they are then why didn't Congress (the owners) fire them months ago? For all you know these people may have prevented even more losses in their respective departments and have been left in place to try to reverse the damage.

Bottom line is that AIG is a huge company with a great number of different departments. We do not know enough about any of this to go off on some kind of witch hunt by targeting those who may very well be doing good things. Again, now that we the people are the majority owners, don't you think it prudent to have people in place there who can turn things around? Enough of this populist, class warfare garbage already.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Politics and Other Controversies
Similar Threads

All times are GMT -6.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top