If you can’t see why Americans are angry with AIG then you need to stand back and try to objectively look at this situation. The company just took a $85 BILLION loan out from the government and then promptly sent out it’s execs, or top producers – it really doesn’t matter WHO they took out – on a nice little all expenses paid vacation to the tune of $400,000. Not only that, but at least the rumor mill has it that the company has another little junket booked and they intend to honor it. Here’s what gets Americans mad. You take out an emergency loan to keep the business afloat but STILL go out and do this very stupid stupid thing. AIG had every right, no – obligation to cancel this event and for once use a little financial responsibility to make the right call. Here’s my question to you: do you honestly think that Joe Q Public has any interest in purchasing a new AIG insurance policy? AIG may have taken what seemed to be a necessary trip to maintain it’s connections to the sales force, but I imagine that the other side of the balance sheet will see a huge negative dividend in public opinion and, consequently, new business.
We the people are not happy with you! We are struggling in this economy just to keep a roof over our heads and keep our young ones fed. We don’t have jobs. We don’t have money. We have no credit and sometimes it feels like we have no hope!
How dare you argue that our money must legally be given out in bonuses to folks in your company who put us all in theses dire straights in the first place!
We the people have trustingly allowed our government to hand over our hard earned tax dollars in order to reestablish this economy. To keep your ship from sinking and keep us all afloat we said YES take our money and fix things!
The term “Fix things” does not equate to repairing executive bank accounts by allotting money we could feed our children with in huge bonuses! $165 million dollars is not chump change buddy! Can you imagine how many American families could stay afloat with that kind of money in the bank? Perhaps we should rethink our trust in government with these bailout funds for big business and insist that they allot all of that money to individual American citizens who could then give out giant bonuses to their children in not only the needs of daily life, but in education and hope for a better future!
I bet Jack the warehouseman and Joe the plumber would spend their share of the money a whole lot more responsibly then you have.
Yes sir, I believe that we should have a nation wide recall of all of the bailout monies and then vote to make government put that money in the hands of it’s citizenry who would then put it back in the economy. Houses would not be foreclosed. Children would not go hungry. Merchants would not go under. If we had the money, we would pay our credit cards, our home loans, our insurances, etc. We would shop again. Sounds to me like if we the people had that money then all would be back on track to being well in the world!
Do the right thing Mr. AIG. Send the money back!
We might remember you in a good light after this crisis has passed instead of as the company who laughed in the face of our poverty by stealing our money
to pay their executives bonuses for running their firm into the ground!
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I would bash AIG more than Berkshire. But then again Berkshire isn’t failing.
If you can’t see why Americans are angry with AIG then you need to stand back and try to objectively look at this situation. The company just took a $85 BILLION loan out from the government and then promptly sent out it’s execs, or top producers – it really doesn’t matter WHO they took out – on a nice little all expenses paid vacation to the tune of $400,000. Not only that, but at least the rumor mill has it that the company has another little junket booked and they intend to honor it. Here’s what gets Americans mad. You take out an emergency loan to keep the business afloat but STILL go out and do this very stupid stupid thing. AIG had every right, no – obligation to cancel this event and for once use a little financial responsibility to make the right call. Here’s my question to you: do you honestly think that Joe Q Public has any interest in purchasing a new AIG insurance policy? AIG may have taken what seemed to be a necessary trip to maintain it’s connections to the sales force, but I imagine that the other side of the balance sheet will see a huge negative dividend in public opinion and, consequently, new business.
Dear Mister AIG,
Give the money back!
We the people are not happy with you! We are struggling in this economy just to keep a roof over our heads and keep our young ones fed. We don’t have jobs. We don’t have money. We have no credit and sometimes it feels like we have no hope!
How dare you argue that our money must legally be given out in bonuses to folks in your company who put us all in theses dire straights in the first place!
We the people have trustingly allowed our government to hand over our hard earned tax dollars in order to reestablish this economy. To keep your ship from sinking and keep us all afloat we said YES take our money and fix things!
The term “Fix things” does not equate to repairing executive bank accounts by allotting money we could feed our children with in huge bonuses! $165 million dollars is not chump change buddy! Can you imagine how many American families could stay afloat with that kind of money in the bank? Perhaps we should rethink our trust in government with these bailout funds for big business and insist that they allot all of that money to individual American citizens who could then give out giant bonuses to their children in not only the needs of daily life, but in education and hope for a better future!
I bet Jack the warehouseman and Joe the plumber would spend their share of the money a whole lot more responsibly then you have.
Yes sir, I believe that we should have a nation wide recall of all of the bailout monies and then vote to make government put that money in the hands of it’s citizenry who would then put it back in the economy. Houses would not be foreclosed. Children would not go hungry. Merchants would not go under. If we had the money, we would pay our credit cards, our home loans, our insurances, etc. We would shop again. Sounds to me like if we the people had that money then all would be back on track to being well in the world!
Do the right thing Mr. AIG. Send the money back!
We might remember you in a good light after this crisis has passed instead of as the company who laughed in the face of our poverty by stealing our money
to pay their executives bonuses for running their firm into the ground!
Sincerely,
We the People