Timewaster's Guide Archive
General => Everything Else => Topic started by: Eerongal on March 20, 2009, 05:34:00 PM
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http://www.nytimes.com/2009/03/20/business/20aig.html?_r=1
Apparently, the 200 billion dollar handout it got from the government wasnt enough :-\
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Ridiculous. Just ridiculous. And they'd probably just use the $306 million to give out MORE bonuses. …
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Maybe this will convince everyone not to throw money at the problem when it hits the fan...
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Ridiculous. Just ridiculous. And they'd probably just use the $306 million to give out MORE bonuses. …
to be fair, the whole bonuses thing is largely (on the scale of what's going on) minor.
they got almost 200 billion, and of it, 300 million went to employee bonuses.
which is approximately .0015% of the money they got. It's no small chunk of change, don't get me wrong, but I'm sure they wanted reward people who they felt were worth it and helped them through a rocky time. Not that I'm saying that they should be handing out bonuses due to their situation, just that in the big picture, the bonuses were chump change.
Edit: ironically, today's XKCD comic is on this very subject (http://imgs.xkcd.com/comics/1000_times.png)
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I think that's a specious argument. The common person doesn't care what percentage it is of the total. I care how it compares to my own yearly salary and how much I pay in taxes every year.
At least 77 people got $1 million or more each. That is absolute garbage.
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That's a pretty good comic.…
Minor, ehh, ok fine; acceptable, no.
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When you make hundreds of thousands a year you don't need a random $5 million dollar bonus. That's absurd. You would have to REALLY try to use all of that up. I mean you put that into a bank account you're making 100-150k a year (if you have decent interest rate).
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And the peeps said they had to give them these bonuses so they would stay at the company, but (as I'm sure you have heard on the radio) no one can think of where they would go!
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When you make hundreds of thousands a year you don't need a random $5 million dollar bonus. That's absurd.
This is exactly 100% how I feel. It's lunacy to keep giving these useless [expletive deleted] more and more money. >:(
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I was in NY the other day and I saw a guy wearing an AIG sweatshirt and I was just kind of…stunned.
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I was in NY the other day and I saw a guy wearing an AIG sweatshirt and I was just kind of…stunned.
It probably doesn't mean he works there. I have a friend who wears a shirt with AIG on it all the time. Its actually a Manchester United shirt, but it has AIG with big letters all over it because they sponsor Manchester United.
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I know–but why would you wear an AIG sweatshirt now, even if you don't work there?? (And yes, it definitely was the company's sweatshirt.)
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Charles Krauthammer has an interesting column (http://www.washingtonpost.com/wp-dyn/content/article/2009/03/19/AR2009031903041.html) about this.