These aren't discretionary bonuses, they are contractual and are
therefore not dependant on public opinion

-----Original Message-----
From: [email protected] [mailto:[email protected]] On
Behalf Of Geoff Flight
Sent: 18 March 2009 23:47
To: 'ProFox Email List'
Subject: RE: [OT] Oh, now I get it

Only you could defend AIG and their bonuses. 

-----Original Message-----
From: [email protected] [mailto:[email protected]] On
Behalf
Of Bob Calco
Sent: Thursday, 19 March 2009 6:16 AM
To: 'ProFox Email List'
Subject: RE: [OT] Oh, now I get it

> 
> What about the $101,000.00 that Obama took from AIG in campaign
> contributions?
> 
> WHY DOESN'T OBAMA GIVE BACK THAT MONEY?
> 

Well, duh, because they already have their hands on it. Giving it back
might
risk AIG using the money instead for legitimate business purposes, such
as
retaining employees, or underwriting private property.

BTW, another facet of this outrage is the fact that the bonuses were
mainly
what are called "retention bonuses". Such bonuses are given to employees
who
have been notified they're losing their jobs in order to compel them to
stay
on long enough to stabilize the company, usually after a hostile
take-over.
I guess you could call the takeover by the US Govt. hostile. 

- Bob


[excessive quoting removed by server]

_______________________________________________
Post Messages to: [email protected]
Subscription Maintenance: http://leafe.com/mailman/listinfo/profox
OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech
Searchable Archive: http://leafe.com/archives/search/profox
This message: 
http://leafe.com/archives/byMID/profox/[email protected]
** All postings, unless explicitly stated otherwise, are the opinions of the 
author, and do not constitute legal or medical advice. This statement is added 
to the messages for those lawyers who are too stupid to see the obvious.

Reply via email to