"Mr. JayT" <(E-Mail Removed)> wrote in message
news:577-49BFACB3-(E-Mail Removed)...
>
> What's the big deal?
> Think about it, AIG received 170 billion, (right?) and only paid out
> about 165 million total...to 10 or 12 top money managers of the
> corp....shoot...that's still alotta money left for AIG to continue their
> outstanding work, of which they've been doing since 2007, we find out,
> by reports from our wonderful Government.
> Lets compare that to receiving 170,000.
> for one of us.....It'd be like paying out $1,700 dollar bonuses to each
> of a dozen or so good workers of the family failing, non profit...
> business.......what's the big deal.
> AIG's top morans did such a good job running their corporation into the
> ground, why shouldnt they be awarded. The old manner of someone getting
> bonuses for doing a good job, has nothing to do with anything on Wall
> Street.
> So, AIG maintains every company, and even our own
> Government..historically does the same thing..
> Although,a much better good comparison is:
> AIG is the Bernie Madoff of all world wide Insurance corporations....
> What's so awful, is the Federal Government only looks into fraud,
> afterwards.....never before..always later on..when the **** hits the fan
> and dries up to a shitty powder...then they start conducting
> hearings..to make it look like they''re doing their tax paying
> jobs....grumble........<g>
>
Ur on 2 something, maybe?
I noticed the Dallas Cowboys have a system where they sign players and put
incentives in their contracts for individual performance. So they could get,
e.g, 3 million salary and 3 million bonus if they meet the terms of the
CONTRACT. This past year some got those incentives paid to them, but the
team performed poorly.
Virginia Tim can tell you every member of a team is responsible for a
companies success; however their roles may be sometimes blurry. One team
member can be, say, the logistics VP, and performed flawlessly, 45% better
than last year. On the job injuries were zero compared to 14 last year, so
the VP of safety has excelled. The sales VP didn't meet his goals, and
profits, often the only measurement we the public use, were way down and the
company is stumbling. Now as in the case of the football team member, if
Company had performance clauses in their contract or it is a practiced trend
to do so; don't u think they ought to pay accordingly? It looks stupid
peeking through the bathroom window, but when you got the big picture window
in the living to look through, as the CEO Tim has, it is somewhat easier to
understand.
I am glad to see you at least dividing your blame. Whoever transfers money
to that company via loan, invest, or gift needs to and usually does know
stuff about the company and accepts those conditions. The company down the
street that kills puppies needed some money the other day and I loaned them
quite a bit (at good return interest). Then they got to killing puppies. I
nearly ****, and they wouldn't quit. Their advice to me was if I wanted to
change the company, buy it.
Government right now doesn't want to buy a company like AIG, or Citibank
account it'll look like and smell like government control, but govt wants
control because of a money loan where money was spent on a long standing
company practice.
It ain't easy being easy
....louie
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