Obama Pissed About AIG

The president had some strong words for the greedy, greasy executives of insurance-giant/enormous failure, AIG, who said Sunday that there was nothing they could do about the $165 million in bonuses they planned on paying themselves from government money, because, you know, they promised themselves the bonuses.

From The Politico:

“This isn’t just a matter of dollars and cents. It’s about our fundamental values,” Obama said.
“All across the country, there are people who work hard and meet their responsibilities every single day, without the benefit of government bailouts or multi-million dollar bonuses,” Obama said. “And all they ask is that everyone, from Main Street to Wall Street to Washington, play by the same rules.”

I’m still boggled by the fact that these executives thought that they were going to get away with this based on “contractual obligations.” These guys ruined the fucking global economy and, still, they feel like they’re owed this money.

Populism like this might be cheap and easy, but for the love of God, something has to get through to these pigs.

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One response to “Obama Pissed About AIG

  1. I agree. These are BONUSES. Last time I checked you get a bonus for doing something great. Therefore, if it’s mandatory by contract, it’s not a bonus. It’s a lump sum payment. Void these contracts! This is such an absurdity. We will soon know who actually runs the country…AIG or the government.
    Maybe AIG should fund the military.

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