The Big Takeover

[jpinpb]

“A short time later, it came out that AIG was planning to pay some $90 million in deferred compensation to former executives, and to accelerate the payout of $277 million in bonuses to others — a move the company insisted was necessary to “retain key employees.” When Congress balked, AIG canceled the $90 million in payments.

Then, in January 2009, the company did it again. After all those years letting Cassano run wild, and after already getting caught paying out insane bonuses while on the public till, AIG decided to pay out another $450 million in bonuses. And to whom? To the 400 or so employees in Cassano’s old unit, AIGFP, which is due to go out of business shortly! Yes, that’s right, an average of $1.1 million in taxpayer-backed money apiece, to the very people who spent the past decade or so punching a hole in the fabric of the universe!”

Man. If this were a movie, you’d think it was the worst Hollywood film ever made. Just so incredible, you can’t make the stuff up.

[jpinpb]

Gosh. I don’t want to even read it, yet I can’t stop.

“The bonuses are a nice comic touch highlighting one of the more outrageous tangents of the bailout age, namely the fact that, even with the planet in flames, some members of the Wall Street class can’t even get used to the tragedy of having to fly coach. “These people need their trips to Baja, their spa treatments, their hand jobs,” says an official involved in the AIG bailout, a serious look on his face, apparently not even half-kidding. “They don’t function well without them.”

I’d like to give them a hand-job Lorena Bobbitt style.

[jpinpb]

Gosh. I don’t want to even read it, yet I can’t stop.

“The bonuses are a nice comic touch highlighting one of the more outrageous tangents of the bailout age, namely the fact that, even with the planet in flames, some members of the Wall Street class can’t even get used to the tragedy of having to fly coach. “These people need their trips to Baja, their spa treatments, their hand jobs,” says an official involved in the AIG bailout, a serious look on his face, apparently not even half-kidding. “They don’t function well without them.”

I’d like to give them a hand-job Lorena Bobbitt style.

[jpinpb]

Gosh. I don’t want to even read it, yet I can’t stop.

“The bonuses are a nice comic touch highlighting one of the more outrageous tangents of the bailout age, namely the fact that, even with the planet in flames, some members of the Wall Street class can’t even get used to the tragedy of having to fly coach. “These people need their trips to Baja, their spa treatments, their hand jobs,” says an official involved in the AIG bailout, a serious look on his face, apparently not even half-kidding. “They don’t function well without them.”

I’d like to give them a hand-job Lorena Bobbitt style.

[jpinpb]

Gosh. I don’t want to even read it, yet I can’t stop.

“The bonuses are a nice comic touch highlighting one of the more outrageous tangents of the bailout age, namely the fact that, even with the planet in flames, some members of the Wall Street class can’t even get used to the tragedy of having to fly coach. “These people need their trips to Baja, their spa treatments, their hand jobs,” says an official involved in the AIG bailout, a serious look on his face, apparently not even half-kidding. “They don’t function well without them.”

I’d like to give them a hand-job Lorena Bobbitt style.

[jpinpb]

Gosh. I don’t want to even read it, yet I can’t stop.

“The bonuses are a nice comic touch highlighting one of the more outrageous tangents of the bailout age, namely the fact that, even with the planet in flames, some members of the Wall Street class can’t even get used to the tragedy of having to fly coach. “These people need their trips to Baja, their spa treatments, their hand jobs,” says an official involved in the AIG bailout, a serious look on his face, apparently not even half-kidding. “They don’t function well without them.”

I’d like to give them a hand-job Lorena Bobbitt style.

[jpinpb]

“Gramm alone — then the chairman of the Senate Banking Committee — collected $2.6 million in only five years.”

Scum.

Edit – Ok. Finished reading it and I just felt like I was kicked in the gut.

[jpinpb]

“Gramm alone — then the chairman of the Senate Banking Committee — collected $2.6 million in only five years.”

Scum.

Edit – Ok. Finished reading it and I just felt like I was kicked in the gut.

[jpinpb]

“Gramm alone — then the chairman of the Senate Banking Committee — collected $2.6 million in only five years.”

Scum.

Edit – Ok. Finished reading it and I just felt like I was kicked in the gut.

[jpinpb]

“Gramm alone — then the chairman of the Senate Banking Committee — collected $2.6 million in only five years.”

Scum.

Edit – Ok. Finished reading it and I just felt like I was kicked in the gut.

[jpinpb]

“Gramm alone — then the chairman of the Senate Banking Committee — collected $2.6 million in only five years.”

Scum.

Edit – Ok. Finished reading it and I just felt like I was kicked in the gut.

[Allan from Fallbrook]

Jp: Now for the real fun. Page through the comments following the article and find the one about Obama accepting $3.3MM in campaign contributions from all of the large players named in the article, including AIG.

That ought to add to that wonderful feeling in your midsection.

[Allan from Fallbrook]

Jp: Now for the real fun. Page through the comments following the article and find the one about Obama accepting $3.3MM in campaign contributions from all of the large players named in the article, including AIG.

That ought to add to that wonderful feeling in your midsection.

[Allan from Fallbrook]

Jp: Now for the real fun. Page through the comments following the article and find the one about Obama accepting $3.3MM in campaign contributions from all of the large players named in the article, including AIG.

That ought to add to that wonderful feeling in your midsection.

[Allan from Fallbrook]

Jp: Now for the real fun. Page through the comments following the article and find the one about Obama accepting $3.3MM in campaign contributions from all of the large players named in the article, including AIG.

That ought to add to that wonderful feeling in your midsection.

[Author]

Posts