"AIG will pay bonuses totaling $165 million. The money comes from taxpayers, funneled through the multibillion dollar bailout plan, but the president's top advisers and congressional leaders say they can't do anything about it."
That's bankrupt, busted-flat-in-Baton-Rouge-waiting-for-a-train AIG. Yeah, them.
$165 million in bonuses. BONUSES.
"AIG executives made trillions of dollars of bets that subprime mortgages could never go bad. When they tanked, the government felt compelled to prop up the company with $170 billion in taxpayers' funds. Even with the money, AIG recently posted a loss of nearly $62 billion — the largest corporate loss in history."
Never go bad. NEVER go bad. Read that sentence again. Apparently, elevators at AIG only go up. Reminds me of the elevator from the Douglas Adams book-when you tell it you want to go up, it tries to convince you that down is better.
"And, Liddy added, AIG needs to retain the best and brightest talent if it's ever going to pay back the American taxpayers."
I can think of many adjectives to describe the current crop of employees at AIG.
Suffice it to say "best" and "brightest" are not two of those adjectives.