I Think Naming The AIG Execs Who Received Those Bonuses Is Just Flat Out Wrong! And It's Dangerous!

What's going on here?!! I understand the anger towards AIG,but naming names is not the way to go.Have we forgotten that there are folks who might lay a bomb at the doorstep of an AIG exec who got a bonus? How would those who revealed the identity of these executives feel if they got murdered as a result of their insensitive actions? Here's an excerpt from an article from the NY Post that names the culprits:

"In the eyes of the public, corporate greed has some new poster boys, and they live and work in Fairfield County.

As American International Group Inc.'s Chief Executive Officer and Chairman Edward Liddy told Congress on Wednesday, he would urge his top executives to give back bonuses awarded to managers of a company that has received $170 billion in taxpayer funds to stay afloat. James Haas and Doug Poling, of Fairfield, and New Canaan resident Jonathan Liebergall were identified by the New York Post as recipients of the highly criticized bonuses.

In all, AIG is believed to have obligated $165 million for bonuses to retain top managers overseeing the closure and breaking up of the massive insurance company.

The three Connecticut men work for AIG's Financial Products division in Wilton. That group entangled its parent company in a massive web of credit default swaps -- a kind of insurance policy covering debt -- that put AIG on the hook for billions of dollars when mortgage securities and other investments went bad.

"All of this is the government's fault -- completely," said a former neighbor of Haas' who asked not to be identified. "I blame them."

Finding supporters of the titans of AIG Financial Products' division is hard. Finding anybody Wednesday to talk about Haas, Poling and Liebergall in their neighborhoods proved impossible.

No one answered the door at any of their homes, well-appointed, large Colonials with clapboard exteriors and mansard roofs and manicured lawns. Haas' Sasco Hill Road mansion overlooks a private golf course and a creek that flows into Long Island Sound, while Poling's Golden Pond Lane property contains a private pond."(END OF EXCERPT)Read the rest here.


Yes,these people should pay back these bonuses.That can be done without telling the crazies out there who they are & where they live! Really,I think that we have a bigger problem here. And that's the fact that all of this greed was allowed to go on in the first place.All of these politicians who are complaining about it now are just trying to save their own ass!

Let's expose the hypocrisy in Washington as well as the AIG execs who received bonuses.These people are just feigning anger for political gain.We live in a capitalist society.Are you really shocked that so much greed exists within in it?

I'm not!It just angers me that there are so many ties between Washington & Wall Street.Of course politicians are looking the other way.They are the enablers of greed because they are greedy themselves.In the end,it's all about money!

Here's more on the politicians who got paid by AIG from OpenSecrets:

"As long as everyone's talking today about AIG's payouts to its executives and foreign banks, let's remember the payouts AIG has made over the years to politicians. In the last 20 years American International Group (AIG) has contributed more than $9 million to federal candidates and parties through PAC and individual contributions. That's enough to rank AIG on OpenSecrets.org's Heavy Hitters list, which profiles the top 100 contributors of all time.

Over time, AIG hasn't shown an especially partisan streak, splitting evenly the $9.3 million it has contributed since 1989. In the last election cycle, though, 68 percent of contributions associated with the company went to Democrats. Two senators who chair committees charged with overseeing AIG and the insurance industry, Sen. Chris Dodd (D-Conn.) and Sen. Max Baucus (D-Mont.), are among the top recipients of AIG contributions. Baucus chairs the Senate Finance Committee and has collected more money from AIG in his congressional career than from any other company--$91,000. And with more than $280,000, AIG has been the fourth largest contributor to Dodd, who chairs the Senate's banking committee. President Obama and his rival in last year's election, Sen. John McCain (R-Ariz.), are also high on the list of top recipients."(END OF EXCERPT)Read the rest here.