I am quite sure that there are more people than myself, who are livid with AIG literally handing out bonuses using some of the recently received bailout money. First, no one within that organization is deserving of a "bonus" for whatever so-called hard work they have put into keeping the company afloat. Second, their lame excuse of "trying to hold onto the talent that they already have and not losing them to other companies" is not valid at all. If the government chose not to give them any bailout money there would not be any bonuses to hand out. What would have happened then? Hmmpf? If they want to go to another company let them go! I cannot see any other company hiring them with their current track record of almost assisting in the downfall of AIG. Who would want them? No one! And Finally, these are taxpayers dollars they are handing out, but I know there is a process that goes with approaching this and it starts with the Board of Directors. A friend mentioned that they should have done something similar to that automotive companies who have received bailout money. They reworked their structure and how the money would be spent. I'm sure there were no bonuses given out either. AIG needs to follow suit and hold people accountable for their mistakes. There should not be any bonuses for anyone; plain and simple.
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