You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login

Reply #17: What would have happened if the bonuses weren't given [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
FLyellowdog Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-22-09 01:43 PM
Response to Original message
17. What would have happened if the bonuses weren't given
and those executives had left AIG last year before their "projects, units, whatever" were completed? :shrug:
Printer Friendly | Permalink |  | Top
  -Has it yet been explained why retention bonuses were pain to AIG employees who were not retained? BuyingThyme  Mar-22-09 12:42 PM   #0 
  - I haven't heard it. They're replaying Liddy's Folly on CSPAN1  EFerrari   Mar-22-09 12:44 PM   #1 
  - Thanks. Maybe I'll look again. I lost interest last time.  BuyingThyme   Mar-22-09 12:45 PM   #3 
     - It's more interesting this time around because some of the code  EFerrari   Mar-22-09 12:50 PM   #5 
  - "Hush money" has been suggested.  lamp_shade   Mar-22-09 12:45 PM   #2 
  - Yes, that's certainly a possibility, isn't it.  BuyingThyme   Mar-22-09 12:46 PM   #4 
  - When a company is closing..  stillcool   Mar-22-09 12:50 PM   #6 
  - Why not make the bonuses dependent upon actual retention instead of just handing out money?  originalpckelly   Mar-22-09 12:53 PM   #9 
  - The only time..prior to this..  stillcool   Mar-22-09 01:01 PM   #15 
  - That's what I took away from the hearings with Libby last week.  annabanana   Mar-22-09 02:07 PM   #19 
  - That's the right question to ask.  originalpckelly   Mar-22-09 12:51 PM   #7 
  - Probably the same bullshit excuse given to us by politicians from BOTH parties.  dem629   Mar-22-09 12:52 PM   #8 
  - I know, both side received tons of money from AIG last year.  originalpckelly   Mar-22-09 12:54 PM   #10 
     - Was that money FROM AIG or FROM the employees of AIG???  TahitiNut   Mar-22-09 12:59 PM   #13 
        - It's employees, but high up ones. They're executives mostly...  originalpckelly   Mar-22-09 01:18 PM   #16 
  - A retention bonus is like a 'balloon payment' in compensation.  TahitiNut   Mar-22-09 12:56 PM   #11 
  - Liddy actually explained the "retention" referred to tasks at hand an not a specific date.  KittyWampus   Mar-22-09 12:58 PM   #12 
  - It's because they are just CALLING it "retention" bonuses...the word has no meaning or basis...  TankLV   Mar-22-09 12:59 PM   #14 
  - What would have happened if the bonuses weren't given  FLyellowdog   Mar-22-09 01:43 PM   #17 
  - those on Wall Street are criminals and liars.  leftofthedial   Mar-22-09 02:06 PM   #18 

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002
Software has been extensively modified by the DU administrators

Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC