The Honorable Barney Frank is insisting that the CEO of AIG give up the names of those who received bonuses out of the 165 million dollars that was recently given away as bonuses.
Frank wants the...
The Honorable Barney Frank is insisting that the CEO of AIG give up the names of those who received bonuses out of the 165 million dollars that was recently given away as bonuses.
Frank wants the entire world to be able to go to these peoples homes and tar and feather them. But I have a better idea, let's all go to the home of the Honorable Barney Frank, and let's tar and feather his ass. But then again, he might like it, so maybe we should think of something else, something that he would not get so much pleasure out of. jbranstetter04
Pressure grows on AIG to return bonuses
WASHINGTON - Talking tougher by the hour, livid Democrats confronted beleaguered insurance giant AIG with an ultimatum Tuesday: Give back $165 million in post-bailout bonuses or watch Congress tax it away with emergency legislation. Republicans declared the Democrats were hardly blameless, accusing them of standing by while the bonus deal was cemented and suggesting that Treasury Secretary Timothy Geithner could and should have done more. While the White House expressed confidence in Geithner, it was clearly placing the responsibility for how the matter was handled on his shoulders. Geithner sent a letter late Tuesday to congressional leaders informing them that he was working with the Justice Department to determine whether any of the AIG payments could be recovered. He cited a provision in the recent economic stimulus law that gave him authority to review compensation to the highest-paid employees of companies that already have received federal assistance.
Tax code as political weapon Not all Democratic leaders were racing in that direction. Penalizing people with the tax code could be inappropriate, declared Rep. Charlie Rangel, D-N.Y., chairman of the taxwriting Ways and Means Committee. He said, "It's difficult for me to think of the code as a political weapon."
Others saw the connection as reasonable and relevant. House Financial Services Committee Chairman Barney Frank, D-Mass., noted that the government, through the bailout, is now an 80 percent owner of the company and suggested that was grounds to sue to recover the bonuses. Republicans said President Obama and his administration should have leaned harder on AIG executives to reject the extra pay, raising some speculation over Geithner's future. http://www.msnbc.msn.com/id/29733519/
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Yeah he wanted their names disclosed. Which they should be. The American government is now the majority shareholder of AIG and as any other publicly traded company has the legal right to know where every dollar that company spends goes. The executives names and salaries have to be disclosed. Its the law. Barney Frank never stated that people should be strangled with piano wire but if you're one of these guys who accepted million dollar bonuses for screwing up,you should expect nothing less.
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You may just as well have called it, "Barny Frank Will Rape You."
That would be just as honest.
Lets test it shall we?
I want you to post a video on x-tube where you give a BJ to your father, if you dont I will kill 10,000 babies.
Now obviously if you dont do this then you clearly WANT 10,000 babies to die.