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AIG Executives Should Be Prosecuted In Court |
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Monday, 16 March 2009 |
Recently, I read about what Edward Liddy said in his response over the reportedly $450 million dollars bonuses that are pending to be paid to its chief executives, he said that these bonuses needs to be paid to the executives due to contractual obligations, else there would be pending lawsuits waiting for their organization.
When I heard what he said, my first thought was – What an outrage!
These executives caused the company over $40 billion in losses and what the company did was to compensate them with $450 million dollars in bonuses rather than kicking them in the ass and firing them!
Like what I have mentioned earlier, AIG is a SCAM – Let their company collapse, it’s one of the biggest scams in this century, pretty much like what Bernie Madoff did with his Ponzi scheme.
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