2 and 20
The government put in 30 billion and only had to pay 165 million. They got off easy. They are lucky they don't have to pay our fees.
Seriously, this is the worst case of grandstanding that I have personally ever seen. No one will ever do business with AIG again. They are making sure that they will never be able to take a dime out of this company (and I believe they own 80% of the equity).
Regardless of if you think they should not pay bonus, you must admit that the government needs to learn how to talk their own book. They just hit this company with a sledge hammer while it was on life support. And the best part is everyone is piling on Liddy and he is essentially working for free. Nice job government. Everyone pile on, to get that last vote.
Seriously, this is the worst case of grandstanding that I have personally ever seen. No one will ever do business with AIG again. They are making sure that they will never be able to take a dime out of this company (and I believe they own 80% of the equity).
Regardless of if you think they should not pay bonus, you must admit that the government needs to learn how to talk their own book. They just hit this company with a sledge hammer while it was on life support. And the best part is everyone is piling on Liddy and he is essentially working for free. Nice job government. Everyone pile on, to get that last vote.

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