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I'm not looking to punish independent agents. It solves nothing as the bank stink from the head down not the feet up. If anyone needs to be punished it's the executives who insist on crap like junkets, golden parachutes, or waste money on bribes when the companies going belly up. I and most people including those democrats you are lambasting just feel they have to be held to certain rules before they get a dime of bailout money cause if they don't the wage slaves working under them are gonna suffer anyway it goes down.

ScifiterX wrote:

daemon wrote:

ScifiterX wrote:

Nice strawman

I didn't plan it like that...so, how so?

Not you, kev

yes. I see.

ScifiterX wrote:

Nice strawman, kev

Strawman my aching ass.

ScifiterX wrote:

If you didn't store them there it wouldn't ache. Post 102 explains why your faulty logic in the post but since I know that you know I was never talking about punishing the independent agents then it obvious to you, me, and every one reading this that it was indeed a strawman.

Post 102 had nothing to do with this 440,000 since top level AIG execs weren't there, in fact only 10 company people were there from that division. I suppose they could have got by with 1 to run the meeting so perhaps you just want to raise hell about the other 9.

Lawd

Nitpicking detalis. Who cares.

My point is to draw a line in the sand that says "NO MORE" of this in your face 'let them eat cake' attitude about the whole compensation issue. Golden parachutes etc.

It is not OK anymore. Not in these times.

Details be damned. NO MORE laissez faire rationalizations for why it is GOOD. It is not good. Not today anyway.

daemon wrote:

more via digby:
On whether AIG is still using lobbyists [now that we have 80% investment/ownership]

Can you believe it? The government is paying lobbyists to lobby itself.

We shouldn't be surprised. They treated themselves to spa treatments on the government dime after the bailout, so they haven't exactly reconciled themselves to their new reality. They think they are still a high flying insurance company making huge bucks for the Big Money Boyz. They haven't reckoned with the fact that they are now civil servants.

I know there is a certain sense of surreality about all this and that people haven't really had a chance to catch their breaths and all. But the financial sector had better get a grip right now and recognize that the country has almost no patience with them at the moment and they will be rolling out the metaphorical guillotine if they don't get some humility right now. I know it's hard for former masters of the universe to accept that they have lost their magical powers, but well... they have.

Just so.

Just another clueless idiot that shows the world how stupid he is when he opens his mouth and speaks.

Cuomo to Investigate AIG's Pay Practices

N.Y. Attorney General Andrew Cuomo threatened legal action if recently rescued AIG doesn't stop spending large sums for executives and trips.
(By Jin Lee -- Bloomberg News)
AIG, recently rescued from bankruptcy, is under scrutiny by New York investigators for possibly breaking the law by giving hefty executive bonuses while company leaders knew AIG was in danger of going broke.

http://www.washingtonpost.com/wp-dyn/co … id=topnews

What about leaving under a tornado?!