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So, my problem is I let things build up inside of me, until I am literally on the verge of exploding. The problem I am having today is with the government (president, congress, and any other group of people who is in charge of making the frivolous, wrong, harsh decisions that have been made) and… Read More »
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On the hot seat with Congress today, AIG's CEO Edward Liddy said he had asked the employees of the insurance giant's financial products unit who received bonuses of $100,000 or more to return "at least half of those payments."
AFP via Yahoo! News
In a year when so many people are unemployed and those still employed couldn't even hope for a bonus when pay freezes are becoming standard procedure, it's the least AIG can do since the $165 million in bonuses should never have been paid out to begin with. Read More »- Let’s talk: Comment (18) | Blog
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The president and his
treasury secretary did more today than decry the bonuses Wall
Street execs lavished on themselves after getting billions from the
government to bail out the failures that led to the financial
markets' meltdown. The Read More »
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As most of us were reeling from the news of layoffs, firsthand or pinks slips in the hands of close friends and colleagues, and the rest of us were feeling grateful to have a job even if it comes with a promise of no salary increases this year, the out-of-touch, out-of-their-minds execs on Wall Street were doling out nearly $20 billion in bonuses to each other. Read More »
President Obama calls Wall Street bonuses "shameful," with Treasury Secretary Tim Geithner and VP Joe Biden at his side./AP via Yahoo! News
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