17 March 2009

AIG Executives vs American Idol

Sitting here watching American Idol and wondering how American Idol relates to the latest scandal to hit the US.  AIG.  AIG was once one of Americas most prominent international insurance and financial service organizations.  LOL.   You know I don't know anything about these folks but for real,  I can do math.  73 people received "RETENTION BONUSES" of at least 1 Million Dollars.  The top 10 folks receiving an average of 4.2 million.  Get this,  11 of the 73 folks didn't even work for AIG anymore....Now I know most of you say "what do we care how they spend their money...it ain't ours."  Think again, AIG accepted over 170 Billion in US bailout Funds.  You would think that our Government would have someone dedicated to AIG's EXECUTIVE BOARD since we gave them 170 billion.  Hell!  The government owns 80% of AIG's equity.  SO now what! I like the idea of one of the GOP Senators.  He suggested that they follow the Japanese model of shamed corporation executives.  Have AIG's executives come before the American people and take a deep bow and say I am sorry.  And then either Resign or Commit Suicide....ok..ok....Suicide is a little harsh.  Can't you see it now..... Reality TV at its best.  Let the American voters decide.  I can hear Ryan Seacrest say it now "If you want to vote for their resignation call 866 RESGNAIG. thats 1 866 7 3 7 4 6 2 4 4" and then Ryan saying "Executives it all comes down to this, your big moment, and the results are (drumroll) your results are that you will find out right after this commercial break".....LLS

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