OT: I am so upset over the whole AIG exec bonus issue..

Just wanted to vent....

I am so F!#&ing P!**@# off over the whole 'AIG exec's taking their bonuses' issue that I am *seriously* considering cancelling my insurance policy with them and going to a company that I perceive to be "more morale".... like State Farm or something.

Don't get me wrong....I might be one of the few that whole heartly supports sizable salary and bonues for corporate execs BUT ONLY if the organization, under their leadership, excels and profits (or, at least, holds their own relative to similar companys).  But with $62 BILLION in losses....come one, you cannot justify using the money *we the people* gave them to pay out bonuses.  THIS IS CRIMINAL!!  TO THE POINT OF TREASON!!!


OK...that's my vent.  I'll save this pent up energy/anger and take it out at the gym during my workout this afternoon...

-GD

Greg,
I was quite angry about the bonus issue also. I asked myself if I could take a bonus after I 
had helped amass such huge losses for my company and the answer is no.  As we can all 
see - these guys apparently have no moral fiber and are totally shameless. 
Tammy

Greg,
My husband and I were talking about this over breakfast this morning and I agree with you 100%. It's like you are panhandling and then eating at a five star hotel. Sorry this whole mess just give me indigestion.

I second that... I have nationwide - excellent comapny lol

bonuses are supposed to be rewards for a job well done not a major loss!

Don't we all wish we got bonuses for under-acheiving! It is nauseating reading and watching crap like this going on - I just hope the feds step in and STOP these outrageous pay-outs to people who are running their companies into the ground then running to the government to bail them out.

actully its on my agenda today to shop around for another insurance company.  I will not give my heard earned dollars to AIG or any company that gives hefty salaries and bonuses to execs under such cir****tances.  For crying out loud,  take a bailout and give it to the higher ups...whats wrong with this picture?>??

I wholeheartedly agree!  And I am so glad to see the mounting public outrage at what they're doing!  I have Geico, which is a Berkshire Hathaway company, but at this point I have no problem supporting Warren Buffett.  At least he's trying to do some good in the world, with his support of the Gates Foundation and all.  I had almost switched to AIG when they came to NJ a couple years ago -- now I'm glad I didn't!  This whole mess also makes me glad that I work for a non-profit, even though the foundation that bankrolls us was founded by a certain famous robber-baron who totally exploited the Irish.  Ugh!  Must go think Happy Thoughts now...  :)

I am excited that people are angry and that they are starting to hold people accountable and not sitting back waiting for someone else to care or do something about it