Let me get straight to the point!
The execs produced a near miracle getting billions from the taxpayers!
Yes, Yes they did !!!
Here is a company that was down and out, they got billions infused and the execs should get their reward as promised on their contracts for pulling it together.
That's the law so give it to them.
Now if they decide not to take it that is their option as well.
So here's what we can do...
Have the IRS pull all their records for every year and do complete audits on each one.
Have the justice department go over the business contracts to make sure they are legal.
Open their bank records from US and international banks including Switzerland.
If there is one receipt not found or any question about any thing,
freeze their ass...ets, take their passports and wait . . .
That should do it!
Oh, yea...no more money for AIG
Ever!!!
I'm probably the only defender of the AIG executives that their contracts should be honored...and if that means bonuses then they should get them. The downside of not giving them their contracts is that you then make all contracts subject to government's approval... and that is not a government that I'd like.
ReplyDeleteTo put undue pressure on the execs by focusing on their income tax would be the same.
But next time the gov. gives money away, it could make the execs agree to limit their salary/bonuses. It should have been done in advance, not after the fact.