President Obama is outraged by the news that AIG will issue out $165 million in bonuses to its executives after taking millions in bailout money. This comes to much of a surprise to everyone, since AIG was one of the 1st to need help and is still in need of funds. President Obama is stated calling them "recklessness and greedy". "How do they justify this outrage to the taxpayers who are keeping the company afloat?" Obama asked. "This isn't just a matter of dollars and cents. It's about our fundamental values."
It is very crazy that they have the nerve to offer higher pay and/or bonuses during these economic times. It would be great but, the money needs to go where it is most needed in the company and I doubt that its paychecks. Heck I need a job over at AIG and quickly!
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1 comment:
should have did more up front - he saving face now PR
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