Blaiming AIG Bouns Takers ??

This is a solid example of how well our federal and state governments are just completely screwed up, morally bankrupt and utterly useless.

I am proud of everything I have done for the commodity and equity divisions of A.I.G.-F.P. I was in no way involved in — or responsible for — the credit default swap transactions that have hamstrung A.I.G. Nor were more than a handful of the 400 current employees of A.I.G.-F.P. Most of those responsible have left the company and have conspicuously escaped the public outrage. Dear A.I.G I Quit !! - NY Times Opinion

This former AIG employee worked for a $1.00 per year salary and helped dismantle (ie. Sell off) parts of AIG to help replay / pay back ( parts of the 85 billion) to the American People. In return for his work he was guaranteed in writing to recieve a bouns for his time and effort. This was the contract that congress orignally approved and then decided - in outrage (Washington Post) - to attack these people with a vengence.

Our elected officials have become low life thugs..

The only real motivation that anyone at A.I.G.-F.P. now has is fear. Mr. Cuomo has threatened to “name and shame,” and his counterpart in Connecticut, Richard Blumenthal, has made similar threats — even though attorneys general are supposed to stand for due process, to conduct trials in courts and not the press.

New York Time Article: (A.I.G. Bonuses of $50 Million Will Be Repaid)

Mr. Cuomo said he was working his way down a list of A.I.G. employees, ranked by the size of their bonuses, and had already won commitments to pay back $50 million out of the total $165 million awarded this month. But in a reversal of the stand he took last week, he said he did not intend to release any names.

By MARY WILLIAMS WALSH and CARL HULSE

Published: March 23, 2009

And we elect these people... Why???

A contract used to mean something in this country, but not any more. Our government screwed up and is looking to blame everyone else, perhaps we should blame ourselves because we are the ones who elected these politicians.