"Mark & Juanita" wrote in message
m...


Just to interject some facts into the outrage he
1) The bonuses being paid were to people who were being asked to stay on
while they dismantled their divisions. In general, when one is told that
their job is going away, the number one priority for that person becomes
finding a new job -- any performance on the existing job becomes secondary
and if another opportunity is found, the person being affected is going to
leave for the new opportunity rather than finish anything at the company
for which is position is being eliminated. These retention bonuses were
designed to keep those people deemed critical to shutting down those
operations from jumping somewhere else and finishing their assignment.
That was absolutely critical to the AIG mess.

What I find ammusing is that congress was fully aware last year that those
bonuses were going to be paid out before AIG received any bail out money.

Like you would expect, congress has been caught with it's pants down once
again hoping that AIG would not have paid out the bonuses. Like you would
expect they are now making up laws out of anger to try and save face, and
that really scares me.
Like you would expect the media leaces out all the particular facts that
would make this story less than sensational.

IMHO where AIG screwed once again on top of many many screw ups was calling
the money, bonuses.