Browsing All posts tagged under »AIG«

The Bigger They Are The Harder They Should Fall: Let AIG Die and Let’s Get on With Renewal

March 21, 2009


Just when you think AIG couldn’t look worse, the crack team of greed-parasites (formally known as “the management team”) one up themselves. This just in: after causing a huge furor by admitting they were contractually obliged to pay about $165-million in retention pay “bonuses” to the “we destroyed the company / financial system unit” (formally […]

How Do You Spell Blood-Sucking-Greed-Machine-Parasite In Canadian? NORTEL, eh.

March 21, 2009


Wow. Double wow. Look directly at camera, shrug shoulders, and roll eyes. Triple wow. This just in from the world of corporate executive greed — Canadian stylz. This time the player is Nortel Networks Corp. Another retention plan. More executive “bonuses.” For the very same crazy cats that helped “manage” the company to bankruptcy protection. […]

Two Wrongs Don’t Make A Right: US Government Moves To Tax AIG “Bonuses”

March 19, 2009


It seems the Democratic-led House is moving quickly to capitalize on wide spread outrage at AIG “bonuses”. They are passing a special law to tax the money right back. For Globe coverage, see here. If you want to know why “bonuses” is in quotes, check out Rostockrose’s comment, here. My view, as expressed in a previous post, […]

How Do You Spell Blood-Sucking-Greed-Machine-Parasite? AIG

March 16, 2009


This just in: American International Group [good ol’ AIG ] is doling out tens of millions of dollars in new bonuses to some of its executives, after receiving more than $US 170-billion in aid from American taxpayers. But, wait! It gets better! No, seriously. Wait for it. Wait for it. The lion’s share of the payments […]