Saturday, March 14, 2009


A.I.G. to Pay $100 Million in Bonuses After Huge Bailout

Despite being bailed out with more than $170 billion from the
Treasury and Federal Reserve, the American International
Group is preparing to pay about $100 million in bonuses to
executives in the same business unit that brought the company
to the brink of collapse last year.
Read more here
If they brought the company to the point of collapse why are they been rewarded?

Here's is another thought. when Some one who received government help towards their home mortgage , can there be a clause in there that guarantees pay back of that amount with interest of course upon the sale of that home?

No comments: