22 {{ upvoteCount | shortNum }}
22 {{ upvoteCount | shortNum }}

AIG spends 1/2 Mil Drinks/Resort after Bail Out

by HeySal
19 replies
  • OFF TOPIC
    • |
Isn't it good to know the money is being taken care of so well?

  • Profile picture of the author Dave Patterson
    Thanks Sal..

    After reading the "other" economic thread below I was just about to go hunting for this...

    Same old, same old...
    Signature
    Professional Googler
    {{ DiscussionBoard.errors[159261].message }}
  • Profile picture of the author valerieSONORA
    I still wonder why a sniper hasn't taken them out? 700 billion for this?
    Signature

    siggy taking a break...

    {{ DiscussionBoard.errors[159286].message }}
    • Profile picture of the author Wakunahum
      Ridiculous... simply ridiculous.

      I don't see how people could do that with a clear conscious.
      {{ DiscussionBoard.errors[159552].message }}
      • Profile picture of the author derekwong28
        There is more to that, Sullivan pushed the board to approve mulit-million dollar bonuses even when the company was losing billions.

        It is just not the bankers in Wall Street who were disgracefully greedy, it is the CEOs of most listed companies as well. There was a similar revulsion against CEO abuse after the Envron affair but nothing was done about it. The CEO's just kept on getting bigger and bigger bonuses and stock options that are completely detached from their company's performance. I just hope that somethingly finally will be done this time.

        -Derek
        Signature

        Do not get between a wombat and a chocolate biscuit; you will regret it dearly!

        {{ DiscussionBoard.errors[159570].message }}
      • Profile picture of the author Mike Wright
        Originally Posted by Wakunahum View Post

        Ridiculous... simply ridiculous.

        I don't see how people could do that with a clear conscious.
        They have no concience or morality .... merely overwhelming
        selfishness and greed. George Orwell's 1984 might be enlightening.

        In the UK, from today many of these parasites will become surgically removed from absurd bonus arrangements. Any remaining ones will
        most probably be found by the media and then sliced diced and
        grilled on the nearest BBQ.

        To paraphrase Apocalypse Now....
        "I love the smell of bacon in the morning".

        Alternatively, we could give them all a stetson, a six shooter and
        a horse and send them off to Afghanistan or Iraq so the normal
        troops could return home in one piece
        {{ DiscussionBoard.errors[161095].message }}
        • Profile picture of the author Patrician
          Brilliant idea, Mike. Recycling waste is always good.

          Originally Posted by Mike Wright View Post


          Alternatively, we could give them all a stetson, a six shooter and a horse and send them off to Afghanistan or Iraq so the normal troops could return home in one piece
          I am still just reeling from this - it is like in the middle of a real tragedy of monumental proportions where people are losing their jobs, their homes, their savings, their retirement - you have the fat cats partying.

          This is like 'adding insult to injury'. In your face, this is what we are doing with your money, yo. Too bad you can't afford to join us.

          Am I ranting? who me? nobody here I can strangle so this will have to suffice. GRRRRRRRRRRRRR!!!!!
          Signature

          Patricia Brucoli
          Plug-In Profit Site Helpdesk

          {{ DiscussionBoard.errors[161647].message }}
  • Profile picture of the author Patrician
    how obscene -

    what can you expect from pigs.
    Signature

    Patricia Brucoli
    Plug-In Profit Site Helpdesk

    {{ DiscussionBoard.errors[159574].message }}
  • Profile picture of the author derekwong28
    Here is another one

    Barclays bank fat cats enjoy lavish party in Monte Carlo as America backs $400bn plan to save financial system | Credit crunch | The Sun |News|Sun Money
    Signature

    Do not get between a wombat and a chocolate biscuit; you will regret it dearly!

    {{ DiscussionBoard.errors[159646].message }}
  • Profile picture of the author espacecadet
    Banned
    [DELETED]
    {{ DiscussionBoard.errors[160814].message }}
    • Profile picture of the author HeySal
      Yes Allen - It WAS ILLEGAL to spend taxpayer funds, but now, thanks to the Bailout it is no longer illegal for them to do so. That is why many people were screaming so loudly. But a lot were just screaming because they thought it was about their money. It wasn't about the money, it was about the corporatism of the Government. Unless that bill is repealed - we are now under fascist law. Why is that such a surprise? It happened in Germany in the 30's and 40's - and the very same steps were taken to get us there. So why don't people understand what just happened? Our only prayer right now is that the Judiciary branch still has enough real judges instead of corporate judges to reverse the ruling, or to do a Hague on everyone involved.
      Signature

      Sal
      When the Roads and Paths end, learn to guide yourself through the wilderness
      Beyond the Path

      {{ DiscussionBoard.errors[160869].message }}
  • Profile picture of the author Phnx
    Here is an interesting article that compares Operation Bernardt (the Nazis tried to flood Britain with fake notes in the hope that the economy would be destroyed.) All these notes the Fed are printing may have the same effect.

    He's accusing the Fed of "Class Warfare". But then, isn't that what Cecil Rhodes said was the ultimate intent of the 'elite', many years ago: the transfer of wealth and power from the many to the few. Not surprised they can have no shame splashing out on manicures and pedicures.

    Is the Federal Reserve Engaged in Acts of Economic Warfare Against America?
    Signature
    In all matters of opinion, our adversaries are insane. ~ Oscar Wilde (1854 - 1900)

    Easy Weight Loss
    {{ DiscussionBoard.errors[160929].message }}
  • Profile picture of the author Michael Oksa
    Just another reason why I was, and still am, against the bailout. We are rewarding spoiled crooks who honestly have no idea how the majority of people live.

    Maybe they should take all of their bonuses from last year, sell their gilded cages, and sell their overpriced stock at a lost to pay for thier own bailout.

    ~Michael
    Signature

    "Ich bin en fuego!"
    {{ DiscussionBoard.errors[160947].message }}
  • Profile picture of the author valerieSONORA
    Hey Phnx, are these AIG people also reptilian? I mean they have no consious whatsoever and don't even care how bad they come off or who gets burned.
    Signature

    siggy taking a break...

    {{ DiscussionBoard.errors[161661].message }}
    • Profile picture of the author myob
      How can we get invited to parties like that? Looks like they know how to have a good time!
      {{ DiscussionBoard.errors[161701].message }}
  • Profile picture of the author bendiggs
    I was under the impression that one of the stipulations of the bailout was that failing companies that were aided by it were going to be forced to NOT give huge bonuses to their piss poor managers. I guess AIG was bailed out prior to the bailout though weren't they?
    {{ DiscussionBoard.errors[161821].message }}
  • Profile picture of the author derekwong28
    AIG has just asked for more money!

    AIG hits up Fed for more money - Oct. 8, 2008
    Signature

    Do not get between a wombat and a chocolate biscuit; you will regret it dearly!

    {{ DiscussionBoard.errors[161825].message }}
    • Profile picture of the author myob
      More parties to come!
      {{ DiscussionBoard.errors[161840].message }}
  • Profile picture of the author John M Kane
    They need to be Mussolinied
    {{ DiscussionBoard.errors[161849].message }}
    • Profile picture of the author Mal Keenan
      You all aren't surprised are you?

      This is just one more example in a long list outlining the absolute contempt with which these big cats hold the ordinary U.S citizens.

      The big question should be 'what you all gonna do about it?'.

      By the looks of it, more of the same is going to be voted into office in another month's time and as far as I can see - on this forum and throughout the web - many are arguing about the pros and cons of the two candidates, as if it's gonna make one iota of difference which one becomes president.

      I'm %£^ing amazed that people can listen to the BS spooed forth by politicians, election after election, and yet keep making the same mistake of voting them in, given that no REAL or meaningful change ever takes place.

      Do you actually believe in your heart that either Obama or McCain are gonna implement real change?

      If something doesn't give soon we're all F%$*ed!

      I don't live in the U.S and if it wasn't for the fact that what happens there is now effecting us all, I would leave you all to it.

      The fact is, until there are millions of Americans out on the streets demanding that something is done about these crooks in Government and the entire system, NADA will be done.

      Here's another poignant reminder of how absurd it is:

      YouTube - Bush Jokes about WMD

      Some sat and had lavish dinners while innocent people were literally losing their entire families in unimaginable horrors and young soldiers were giving their lives for a war based on a BIG lie.

      Now, no one can tell me that this war was fought for the people of America - no matter what side of the divide they happen to be on.

      The bailout is just another lie too. They did the same today in Britain.

      I'm not trying to be dramatic here but it seems to me that most of these people are so, so far removed from the horrors they inflict. It beggars belief. They couldn't possibly do what they do otherwise.

      Call me a 'conspiracy theorist' but it seems a little strange to me that the people who create the mess in the first place are the ones offering the solution. Never mind, that's just me being crazy again. After all, governments are here to protect us and defend our rights. Silly me!:p
      {{ DiscussionBoard.errors[161935].message }}
  • Profile picture of the author Indiana
    Banned
    [DELETED]
    {{ DiscussionBoard.errors[161974].message }}
    • Profile picture of the author Jeremy123
      I just found out about this, and this makes me really angry.
      I went to aig's website and commented about this.
      Those ****ing assholes.

      Those idiots should be fired, I'm setting things up so I don't pay
      any more..., this is BS. Americans should be furious, if not they
      deserve what they get. American should boycott AIG.

      I really feel like calling the White House and if they don't do something to stop this,
      I'll make myself President.
      {{ DiscussionBoard.errors[161993].message }}

Trending Topics