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Originally Posted by GatorB
Except one thing, bonuses are things you get for doing a GOOD job. If they were doing a good job at AIG they wuldn't be getting bailout money now would they? They fact is if I loan you money I can dictate how you use it or choose not to loan you it al all. Tough shit for AIG.
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These bonuses were not performance based bonuses. They were retention based bonuses and in fact were not really bonuses but contracted salaries. Because of something to do with taxes the company pays a smaller salary on the books and uses contracted retention "bonuses" to pay what the actual salaries are. This whole thing is simply the media and politicians posturing for the sheeple.