[Red Badger]

Contractual bonuses cannot be blocked without a lawsuit.................

[demshateGod]

Don’t go to the government for bailouts.

[Buddygirl]

I got an email recently about AIG. They gave it the money to keep it going because AIG handles the US Congress critters’ pension plan or fund. Any truth to this?

[autumnraine]

Admin, I see now a similiar article is posted from WSJ. Didn’t see in search, but you can judge to leave this NYT article or not.

Thanks

[4Speed]

Wow...MORE Tea Party attendees by the hundreds.
Someone issue AIG a special invitation.....Like the Tea Parties, AIG is nationwide !

[Enterprise]

While he’s at it, block the BILLIONS going to groups like ACORN, and the 900 MILLION going to HAMAS!

[cups]

So what does this mean when these people sue AIG for failure to comply with contractual obligations?

While I’m opposed to my tax dollars paying for someone’s bonus. At the same time they are obligated to pay out. This is the baggage that comes with this TARP money people. get used to it

for f*ck sake, damned if you do, damned if you don’t.

[EGPWS]

President Obama vowed to try to stop the faltering insurance giant American International Group from paying out hundreds of millions of dollars in bonuses to executives, as the administration scrambled to avert a populist backlash against banks and Wall Street that could complicate Mr. Obama’s economic recovery agenda.

In other words, Mr. Obama wants government to be the sole candy man, all others are evil.

[bill1952]

make the American taxpayers whole.”

LOL! Sure. - Resign. - and give the American taxpayers back a few Trillion. - then talk about “whole.”

[Gator113]

“President Obama vowed..... “

The word “vowed” after the word “Obama”..... is nothing more than a noise.

[RonboTex]

So is the congress going to halt its own automatic payraise in the spirit of “shared sacrifice”?

[bobsatwork]

...block these bonuses and make the American taxpayers whole... - I now fully believe that Obama is the most dishonest person to hold the position of POTUS. One thousand times the amount of these bonuses would not make American taxpayers "whole", and he knows it. Flat-out lie. Wonder if this was on his teleprompter?

[Nachum]

The List, ping

[Johnstone]

Great. Now the POTUS is de facto chairman of the AIG board.

[kabar]

This is a major distraction. AIG payments to banks stoke bailout rage: But the revelations that billions of U.S. taxpayer dollars were funneled through AIG to Goldman Sachs -- one of Wall Street's most politically connected firms -- and to European banks including Deutsche Bank, France's Societe Generale and the UK's Barclays could stoke further outrage at the entire U.S. bank bailout.

[VeniVidiVici]

Effing communists.

[jveritas]

Get ready for a lawsuit. They are complaining about a failed company paying 165 millions dollars in bonuses when Obama just wasted 1.3 trillion dollars of the producers money on welfare programs and that is just in the first two months his administration.

[TommyDale]

This will prove interesting. The law be damned.

[NonValueAdded]

“but do it legally” Same thing as the Kerryesque flip-flop on ESR. “Do something! oh, you can’t? nevermind. Matters not, we have it both ways.”

[A CA Guy]

If these people did work that Obama doesn't want them paid for, then he will close down businesses by making these people go to work elsewhere where they can make payroll.