The Mudcat Café TM
Thread #119402 Message #2589304
Posted By: Peter T.
15-Mar-09 - 10:14 AM
Thread Name: BS: $100 million bonuses to AIG execs
Subject: BS: $100 million bonuses to AIG execs
According to the New York Times, AIG execs stand to make $100 million dollars in bonuses this year. The new director says that this is necessary (1) because they are contractually obligated (then why are they bonuses?); and (2) so that they can continue to attract "the best and the brightest" (clearly never read David Halberstam on Vietnam).
That all seems reasonable if you are delusional.......