What about Freddie Fannie and Merril Lynch Bonuses?
While we keep hearing AIG, AIG, and no one is saying lets recall both BUSH and OBAMA'S ridiculous BAILOUT plan you have to wonder if the attention is being focused on one wrong to circumvent another. eg: what about the other billions of dollars, as AIG is a global biz, and has transfered billions overseas to it's sub branches, how do we know what that money is used for? Who is investigating?
Asked By: CaliCare - 3/21/2009
Best Answer - Chosen by Asker
No one is investigating. And AIG employees will not be taxed for those bonuses. Too many in Congress will oppose that. Remember that the Senate were the ones who said the 3 page TARP bill passed by the House was a blank check to Wall Street? And they were going to add oversight to protect the tax payer? And they added... More
Answered By: PrivacyNowPlease! - 3/21/2009
Additional Answers (5)
I think all the bailouts were a mistake. Let failing companies fail. The system is broken, and their solution is to try to prop up the same broken system with borrowed money? Insanity!
Answered By: Alex - 3/21/2009
All of the politicians seem to be up in arms with the AIG bonuses... More
Answered By: imaxkr - 3/21/2009
I can't believe how naive you all are, you complain about a mere 165 million, NOT ABOUT THE 180 BILLION. Which disappeared into thin air. The paid the derivatives ( insurance policies they held or sold) which were mortgage packages they sold that did not perform with the insurance . No one is investigating, they all... More
Answered By: Illia K - 3/21/2009
AIG is a cover up, this whole resession is a manufactured "economical crisis" to build up your dependance on government.
Answered By: The Barackalypse - 3/21/2009
They dare not go after Freddie and Fannie because the ensuing scandal would be political death for Barney Frank. However, the worse things get, the more scandals will be revealed in order to feed the outraged public sufficiently high level goats and protect the one.
Answered By: David S - 3/21/2009
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