Quote:
Originally Posted by Brujah
Does AIG have to pay the bonuses with bailout money?
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yes... they are contractually bound to pay them. this was one of many things that was overlooked when everyone decides that legislation has to be pushed through in a matter of hours.
these companies should have been allowed to collapse. all the fears about how important companies are is total bullshit and dream up by people who have never seen REAL financial crisis... like living in Russia and watching the Soviet Union collapse and a new Economy grow from the ashes. Then watching it all collapse again with the Ruble being devalued etc... markets WILL prevail. period. recovery WILL happen... without anyones help or tax payer dollars.