Tuesday, March 17, 2009

AIG Loses $61.7 Billion, Pays Out Millions To Retain Best & Brightest---Huh?

Didn't "Hope-n-Change" promises us that Sheriff Biden was going to watch every penny of the tax-payers money? Riiiight...

There goes another $165 Million Dollars of the tax-payers money wasted on AIG Bonuses---rewarding failure, whats up with that ?

AIG reported in the 4th quarter 2008 that they lost $61.7 Billion Dollars the largest corporate loss in USA history.

Sen. Charles Grassley, R-IA "The first thing that would make me feel a little bit better towards them if they'd follow the Japanese model and come before the American people and take that deep bow and say I'm sorry and then do one of two things---resign or go commit suicide."

More here from Las Vegas Sun

Related: AIG Bonuses: Obama Knew

AIG should take a page from Obama