AP study finds $1.6B went to bailed-out bank execs

AP study finds $1.6B went to bailed-out bank execs AP - Mon Dec 22, 4:14 AM ETSent 369 times

Banks that have their hands out in Washington this year were handing out multimillion-dollar rewards to their executives last year.

 

 

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Well this may be a good move by AIG considering be reason it has been sold, to pay the 85 billion dollars that the government has loaned them. That is a brilliant idea but the price tag is very low. Could be that something is being done to cover up something for now so that

This will be covered in the event that the company will go down and cannot pay all its obligations? AIG is retaining its life insurance part in the US.

Does this tells me something? Probably not but if you sell something very low people start to think something is fishy! People nowadays do not trust their executives

Since to pocketed so much last year in bonuses. 1.6 billion dollars in bonuses for the executives who brought down the whole industry and the world cannot be trusted to the right thing. They may shielded for now but I hope that someday these people who live kings and King Kong's of the business world should pay for what they have done.

 

thanks