This has nothing to do with your "you're" quotes, KMD. And I can't help it if the mods feel the need to single me out. It's a compliment at this point.
That's the great irony of this, but I posted about it a few days ago and nobody cared. It's a dead end. Had AIG gone bankrupt, the bonuses would have been eliminated.
Because of gov't money . . . hence the reason the gov't can step in and say "timeout, you gave how much in bonuses . . . I don't think so" And the people who got bonuses should not have taken the bonuses and just been happy they have a job . . . thanks to . . . the gov't.
Yes, and these contracts were made prior to the bailouts. Furthermore, they were given without restrictions really in the need to "rush" the money to the "failing" companies.
See, that would be great, except that it's not allowed by the constitution. You know what else would be fun? Taking convicted child rapists outside and shooting them in the head. Sadly, that's also disallowed. Doing profiling at the airports, so our time isn't wasted by TSA agents searching 80y/o ladies. Disallowed as well. Let's just get rid of the constitution and go back to the olden days, when Might Made Right. Yes We Can!
Hey I'm not saying any of this is fun . . . hard times call for hard decisions. If I understand the situation correctly, the gov't is going to eat some major crow over all this. And sounds like they deserve that, but I'm glad to know they are going to fight to try and correct it.
Is it? I thought Utah still used a firing squad for death penalty cases. [after checking that fact, it seems that Utah outlawed it in 2004, but Idaho and Oklahoma could use it still]. barfo
Well there are many moral and ethical reasons . . . but many choose to overlook them to collect the cash. And in all honesty I might/probably do the same thing . . . but I also would seriously consider not taking the bonus.
I didn't know about Idaho and Utah...I know that someone got off of Death Row on appeal b/c the thought of the firing squad was cruel and unusual. Not quite Mitchell Rupe-esque, but still kind of lame. And isn't aggravated 1st degree murder the only death-penalty-able offense? Death for Child rape was looked at by the SC last year, iirc..but I never heard a resolution on it.
You would turn down $500,000, right now? Money you have guaranteed in writing? bollocks I say, bollocks.
The contracts were guaranteed by Dodd and Obama on 2/11/09 retrocatively in the "Stimulus Bill". This is all so funny.
If I had millions in the bank . . . i would consider it. I know this is a concept taht is hard for you to comprehend . . . but some have already returned their bonuses.
