I hear what you're saying, but "who cares" is a questionable title. The fact is bonuses differ from bailout money and should be treated as such, arguing that bonuses represent a small fraction of bailout money is disregardful.
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Yes, they are technically different, but theoretically the $165M in bonuses would be paid out of the $170B in taxpayer money given to AIG.
Overall, I think the main point still stands - that the outrage over this issue was blown way out of proportion given the insignificance in terms of political or economic effects.
This comment sponsored by AIG - a world leader in insurance and financial services.
I hear what you're saying, but "who cares" is a questionable title. The fact is bonuses differ from bailout money and should be treated as such, arguing that bonuses represent a small fraction of bailout money is disregardful.
ARom101 2 years ago
Wow, our first thoughtful comment. Thank you and please subscribe so you can leave more.
Yes, they are technically different, but theoretically the $165M in bonuses would be paid out of the $170B in taxpayer money given to AIG.
Overall, I think the main point still stands - that the outrage over this issue was blown way out of proportion given the insignificance in terms of political or economic effects.
This comment sponsored by AIG - a world leader in insurance and financial services.
PopCultShow 2 years ago