Comments on: After Rescue, Bonuses Still Flow At AIG

The Early Show: Insurance Giant Offers Top Employees "Retention Payments" To Keep Them

[omega40]

This is the text of the 1886 Supreme Court decision granting corporations the same rights as living persons under the Fourteenth Amendment to the Constitution. Quoting from David Korten''s The Post-Corporate World, Life After Capitalism (pp.185-6):

In 1886, . . . in the case of Santa Clara County v. Southern Pacific Railroad Company, the U.S. Supreme Court decided that a private corporation is a person and entitled to the legal rights and protections the Constitutions affords to any person. Because the Constitution makes no mention of corporations, it is a fairly clear case of the Court''s taking it upon itself to rewrite the Constitution.


I can only surmise by the above ruling that I also then have the same rights as a corporation.

Since times are tough, and my finances are taking a battering...I shall be calling on my congressman for a bailout.

[whatchange-2009]

We, as a nation, told the Congress to not bailout Wall Street. An American way of life is about to die. No more incumbent Congress next term. Let Wall Street and Big 3 Auto die.. I''ll not give 10 cents to a wealthy AIG exec without a left hand to his face along with it. Our government is full of thieves, liars and Muslims. I''m sick of it.

[evian_ycnan]

$250 BILLION and NO ONE thought to get a receipt?!

You just know that in all of this, somewhere, at some time, there was a gov`t employee standing in a parking garage with two suitcases full of $100s and he just handed them over to some guy.

Had to have happened.

[endurorob]

Retention for top talent?
top Talent at what?


Posted by Biblethumpar

Considering all the layoffs on wall street it shouldn''t be too hard to somebody else to do bad work.

[bossman1960]

as a tax payer aig need to be fine or jail for miss use of tax payer money i dont get million dollars bones or raise i cant keep my door open on my shop i dont see no hand out to me johnny glover l.r. arkansas

[endurorob]

I think it might be getting old blaming this recession on CEOs. Its pretty apparent thats its a more ecumenical phenomenon.


Posted by william3361

They may not be entirely responsible for the financial problems of this country but recieving or handing out bonuses for a failing business is ridiculous and when it is on the tax payers dime it should be criminal.

[biblethumpar]

Retention for top talent?
top Talent at what?

[endurorob]

A-Moral would be stating it lightly.

[omega40]

Wall street cheered as corporations dumped American workers and headed overseas but somehow we''re to believe that the baboons that ran AIG into the ground in the first place are too important to lose.