Summary
American taxpayers hold little doubt that AIG executives are swindlers and criminals of the highest order, deseving decisive condemnation and swift justice. Have people forgotten outrages perpetrated by these incompetent charlatans who expended obscene millions of initial bailout dollars on executive luxury junkets?
By any stretch of imagination, no one receives guaranteed bonuses. Throughout the industrial world, bonuses hinge on two universal suppositions: competence and profits. Companies issue them as merited rewards for outstanding performance. Furthermore, the size of bonus packages centers on generated profits.See the full content of this document
Extract
Goodbye, Aig
AIG executives meet none of those criteria. Moreover,...
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