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billyoc Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 05:43 AM
Original message
AIG warns staff to travel in pairs after death threats over bonuses
The embattled US insurance company AIG has warned its staff to travel in pairs after dark, not to wear company logos and to avoid discussing their work outside the office, as public outrage boils over at multimillion-dollar executive bonuses.

AIG's employees have been subjected to death threats since the company handed out $165m (£115m) in "retention" awards to employees in its disastrously loss-making financial products division this week.

Recipients of the bonuses said they feared for their own safety. A union-backed campaign group is today taking protesters on a bus tour of AIG executives' homes in a wealthy enclave of Connecticut known as the "gold coast".

In a leaked company-wide memo, AIG's corporate security team this week warned staff to take special precautions "due to a growing sense of public attention fuelled by increased media scrutiny".

...

http://www.guardian.co.uk/business/2009/mar/21/aig-insurance
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peacebird Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 05:49 AM
Response to Original message
1. Is this story the brainchild of AIGs (taxpayer funded) new ad agency?
Edited on Sat Mar-21-09 05:49 AM by peacebird
If so - a word of advice - drop the "poor poor pitiful me" routine AIG, it ain't working.
:eyes:
Pay back the money, all of it, immediately. And then fire the fools who thought giving taxpayer funded retention bonuses for dereliction of duty was somehow a good idea.
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Jeep789 Donating Member (935 posts) Send PM | Profile | Ignore Sat Mar-21-09 06:02 AM
Response to Original message
2. What a croc! nt
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willing dwarf Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 06:09 AM
Response to Original message
3. I might reccomend they dress up like scarecrows
So that when we the people turn up with our picks and pitchforks, we'll know who the stuff shirts are and stick it to them!
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L0oniX Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 12:12 PM
Response to Reply #3
56. I recommend that they take their ill gotten gains and hire some Blackwater thugs for protection.
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Botany Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 06:11 AM
Response to Original message
4. Connecticut's Gold Coast
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Rusty5329 Donating Member (647 posts) Send PM | Profile | Ignore Sat Mar-21-09 06:14 AM
Response to Original message
5. I know some of the people...
organizing the bus tour, and you definitely don't need to fear physical harm from them, they're activists but peaceful ones.
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Name removed Donating Member (0 posts) Send PM | Profile | Ignore Sat Mar-21-09 06:19 AM
Response to Original message
6. Deleted message
Message removed by moderator. Click here to review the message board rules.
 
salguine Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 06:22 AM
Response to Original message
7. You know, rather than sneaking around, traveling in pairs, not wearing company
logos, and keeping silent about where you work, it might be an easier solution to give the fucking money back, dickweeds.

Oh, yeah, right.
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TankLV Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 09:09 AM
Response to Reply #7
32. to you and Ima above - both EXCELLENT responses...took the words out of my mouth...
should've thought of THEIR CRMINALITY BEFORE they RAPED the COUNTRY!!!

Friendly Reminder to those ASSHOLES: IT'S OUR FUCKING MONEY you're now bitching about!!!

I vote to let them file for bankruptcy...
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Ian David Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 07:10 AM
Response to Original message
8. I hope nobody gets hurt, but I hope the extra security costs them about $317 Million. n/t
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Ian David Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 07:11 AM
Response to Original message
9. FYI: Some douchebag in Disney World last month was wearing an AIG t-shirt.
I wanted to push him into the water on the It's A Small World ride, but I restrained myself.

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wovenpaint Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 09:24 AM
Response to Reply #9
41. It wasn't Bobby Jindal, was it?
sorry, couldn't resist...:rofl:
Good for you with your self restraint!
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CoffeeCat Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 07:23 AM
Response to Original message
10. The "powers that be"...
...aided by their cohorts in the media--want us focused on the AIG bonuses.

It's a deliberate distraction from the fact that ALL of these banks--and our
politicians, Paulson, Bernake and Geithner--have been working in concert to
rob us blind and bankrupt our nation.

AIG is the shiny object that they hope will distract us from a huge systemic
problem.

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formercia Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 08:26 AM
Response to Reply #10
16. This is all about Insurance Fraud on a massive scale
that's why Greenberg was removed from AIG. They were selling worthless insurance based on actuarial tables conjured up in la-la land. They undercut everyone in pricing as a result. When the bubble popped, it was time to pay but the game was already rigged to have the taxpayer foot the bill.
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marmar Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 07:24 AM
Response to Original message
11. Do they wear big yellow AIG T-shirts or something?
How the hell would someone know an AIG employee from a Citibank employee from an Amex employee.....etc?



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KittyWampus Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 09:10 AM
Response to Reply #11
33. that's why this reeks of bullshit.
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Name removed Donating Member (0 posts) Send PM | Profile | Ignore Sat Mar-21-09 07:30 AM
Response to Original message
12. Deleted sub-thread
Sub-thread removed by moderator. Click here to review the message board rules.
 
DemoTex Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 08:18 AM
Response to Original message
13. A cynical attempt to manufacture sympathy ..
:nopity:
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burythehatchet Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 08:22 AM
Response to Original message
14. There are thousands of emplyees who have no idea what a CDO or a swap are
This is not right. We are supposed to be a nation of laws. Mob justice will backfire.
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Mojorabbit Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 08:40 AM
Response to Reply #14
20. I don't like it either
there are a lot of crazys who don't know the difference between a high roller and a clerk at the company. I would hate for a totally innocent person to be cringing in fear in their home worrying about the safety of their children.
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burythehatchet Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 08:47 AM
Response to Reply #20
24. I inhabited a cubicle there at the start of my career. Most AIG employees
have absolutely no idea of what other sister companies do. They are just working stiffs trying to feed their families. This is just a sad, sad reaction from "enlightened" people.
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soleft Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 11:51 AM
Response to Reply #20
45. Thank you.
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TankLV Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 09:13 AM
Response to Reply #14
34. again - you don't know what you're fucking spewing - we're talking about the RICH CRIMINALS
STEALING OUR money - not the JANITORS!!!

STOP TRYING TO DEFEND THE INDEFENSIBLE AND CREATE DISTRACTIONS!!!
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soleft Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 11:53 AM
Response to Reply #34
47. Like janitors and executives don't go in and out the same door
Work in the same building. Travel to and from the subway on the street. You don't think bullets miss their targets. Lunatics in a rage don't wield their knives at everyone in reaching distance?
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soleft Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 11:51 AM
Response to Reply #14
44. Thank you. Nice to see some sanity
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tammywammy Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 04:36 PM
Response to Reply #14
61. Agreed n/t
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KharmaTrain Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 08:26 AM
Response to Original message
15. They Like The Light...Can't Take The Heat
How many of these high rollers love to show off? Fancy mansion, expensive car, modern offices, trips around the world...it's all those dreams Robin Leach used to chirp about and more. Oh how the worm has turned. Now that people are seeing the greed for what it is...something to be scorned, not worshiped, that light is getting a little too hot for the rich. They see the masses starting to grab the pitchforks and they're scared shit. What really scares em is the real truth coming out about their greed and crimes.
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TankLV Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 09:15 AM
Response to Reply #15
36. And we need to PUT THE HEAT ON MORE AND FAN THE FLAMES!!!
Now is not the time to let these RICH GREEDY asshole off the hook...!!!
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Deja Q Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 08:33 AM
Response to Original message
17. I'd pay the paparazzi real money if they snap a shot of both of them french kissing
:* :*


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rucky Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 08:35 AM
Response to Original message
18. Who will protect them from the unwashed masses?
if not each other?

:nopity:
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Urban Prairie Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 08:37 AM
Response to Original message
19. I wonder if "Anonymous" is hounding any of them yet?
I've heard that they can make people's lives pretty miserable, if they choose someone to target.

As it is, I feel that they have and will be indirectly responsible for who knows how many people's deaths, due to their criminal thievery.
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C......N......C Donating Member (454 posts) Send PM | Profile | Ignore Sat Mar-21-09 08:42 AM
Response to Original message
21. How do you tell an AIG staffer.
Is his sedan chair any different ?
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soleft Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 11:54 AM
Response to Reply #21
48. Yes. Very. Get a grip on your emotions.
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Rosa Luxemburg Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 08:43 AM
Response to Original message
22. maybe these people should give any bonuses back in gesture?
like donating it to poor children?
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burythehatchet Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 08:45 AM
Response to Reply #22
23. see post 23
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Rosa Luxemburg Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 08:51 AM
Original message
and the other 5%?
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burythehatchet Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 08:59 AM
Response to Original message
30. How will identify who you wish to burn at the stake? Or is terrorizing the innocent 95%
OK with you?
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TankLV Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 09:16 AM
Response to Reply #30
38. We're not talking about the phoney "innocent" - WE'RE TALKING ABOUT THE GREEDY CRIMINALS!!!!
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soleft Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 11:55 AM
Response to Reply #30
50. Thank you.
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Rosa Luxemburg Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 01:18 PM
Response to Reply #30
58. I don't think refunding the 5% what they shouldn't had in the first place is witch burning?
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burythehatchet Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 04:34 PM
Response to Reply #58
60. I have no problem with that at all. But you know that there are reactionaries who
are talking like compete loons and implicating anything what the AG name on it. As a rational person you know that is not what we're about. :hi:
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C......N......C Donating Member (454 posts) Send PM | Profile | Ignore Sat Mar-21-09 08:49 AM
Response to Original message
25. Here is what I said earlier.
Selling a known defective product. Every risk manager at every firm knew the shortcomings of all the financial instruments. They were overridden by influence to make more money available for discretionary spending. The executive compensation committees see how much money there is to divide up. If there is low risk, then there is more money to divide up. Trouble is it is hard to get a law passed that might jeopardize your neighbor
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aquart Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 08:50 AM
Response to Original message
26. Not giving back a dime, are they?
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ljm2002 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 08:51 AM
Response to Original message
27. So if they're that scared...
Edited on Sat Mar-21-09 09:16 AM by ljm2002
...they should just quit. They are, after all, the best and the brightest. Surely the rest of the financial world will be beating their doors down, trying to hire them.

No more AIG employees, no more death threats.

Personally I think it would be the most delicious of ironies to have AIG's employees leave en masse, exposing it as the dried out hull of a once-great company that it most assuredly is. Furthermore, I think it is long past time that we stopped being scared of "what might happen" if this, that or the other financial institution collapsed. You know what? The bad stuff, it's already happened. Right now they're trying to breathe life into a rotting corpse, hoping us peasants won't notice the truth of the matter. Maybe they'll get lucky and lightning will strike and the corpse will rise Frankenstein-monster-like and live again. But I doubt we'll be happy with the results, and the final scene is always the same: torches and pitchforks.

Better we do the torches and pitchforks now. Well we don't have to resort to violence. My suggestion is that in every town in the USA that has federal offices, we organize a demonstration. Every town picks one federal building -- if it's a big city, pick one to five federal buildings, so there's room for everyone. And organize people. Take the damned day off work, just one day, and show up at the federal building, and hold a candlelight vigil, all day long and into the night -- a day of mourning, if you will. Just close the damned system down and show up in front of the offices of what used to be our government and show what we think about it. Occupy the lobbies. Just show up in great numbers. No need for people to fly across the country for one mega-demonstration, rather, do it locally but do it all across the nation. The fools who run our government and are bailing out the rich bankers need to be reminded of some numbers other than the phantom numbers on their balance sheets -- i.e., 435 members of Congress, 300 million citizens in the country. Work it out, assholes.

(on edit) Actually now that I think about it, never mind the candles. Everyone should bring a noisemaker -- horns, gongs, pots and pans, and make such a din that the powers that be will be holding their ears and screaming for mercy. Make our presence known! Still peaceful but damn, let the fuckers know how bad they've screwed up.
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C......N......C Donating Member (454 posts) Send PM | Profile | Ignore Sat Mar-21-09 08:57 AM
Response to Reply #27
29. This country has a history of not giving in to demands from hostage and kidnappers
Edited on Sat Mar-21-09 09:12 AM by C......N......C
and all the rest that threaten us with harm if we don't comply. What happened ?
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TankLV Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 09:18 AM
Response to Reply #29
40. This country was BORN in REVOLUTION!!!
and WE don't take kindly to ROYALTY who PRIVATIZE the REWARDS and SOCIALIZE the RISKS!!!
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C......N......C Donating Member (454 posts) Send PM | Profile | Ignore Sat Mar-21-09 09:38 AM
Response to Reply #40
43. How do we stop the fraud and coercion
that Wall Street and the Banks are threatening us with? I heard AIG's Liddy say at the hearings, that they will turn in their bonuses with their resignations. I can't believe that the Congressmen didn't jump on that.
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C......N......C Donating Member (454 posts) Send PM | Profile | Ignore Sat Mar-21-09 08:54 AM
Response to Original message
28. These people ( like AIG )have control over money that is supposed to be
paid out to others. How do they get to determine how much of that money they can take for themselves. It's like if someone gives you a bank deposit and tells yon to make the deposit for them. They say take some for yourself for doing this for me. What gives them the right to take it all?
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Name removed Donating Member (0 posts) Send PM | Profile | Ignore Sat Mar-21-09 09:07 AM
Response to Original message
31. Deleted message
Message removed by moderator. Click here to review the message board rules.
 
Belial Donating Member (503 posts) Send PM | Profile | Ignore Sat Mar-21-09 09:14 AM
Response to Original message
35. Its because of morons out there that don't understand
Edited on Sat Mar-21-09 09:15 AM by Belial
anything about anything.. this whole bonus thing is such a NON Issue.. and the dumbasses that voted for the bailout package should be in MORE trouble than the AIG execs. This whole pile is costing us way more than $160 Million..
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cherish44 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 09:15 AM
Response to Original message
37. Why the hell are people threatening death?
Sure be outraged but is it justified to KILL someone over this? Is going to prison worth it?
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hack89 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 09:17 AM
Response to Reply #37
39. Hate can't be controlled - and there is a lot of hate directed at AIG. nt
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Gin Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 09:25 AM
Response to Reply #39
42. now that names are starting to come out.....I hope they use all of that
money on body guards...that would be poetic justice!
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burythehatchet Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 04:50 PM
Response to Reply #39
64. This is how the uber-class manipulates us. By playing us and distracting us.
Let's keep our eye on the ball. The small coterie of manipulators who engineered the entire debacle to enrich themselves at our expense.
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Uzybone Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 11:53 AM
Response to Original message
46. What would happen is a nut job decides to take out an AIG exec
Edited on Sat Mar-21-09 11:56 AM by Uzybone
Or even worse, one of the grunts who have never seen a bonus. How would that change the tone of the discussion?

I bet the corporate media outrage would vanish.
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RB TexLa Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 11:56 AM
Response to Reply #46
51. Are you kidding, they would love it. "If it bleeds it leads."
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RB TexLa Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 11:54 AM
Response to Original message
49. Smart move on their part. It's sad but I think it will happen. I hope it doesn't.
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jazzjunkysue Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 11:59 AM
Response to Original message
52. Great. It's a two-fer.
Do you have a sense of humor? If not, flame away.

Isn't the "traveling in pairs" advice what they told the hapless visitors at Cheney's quail shoot country jamboree?
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soleft Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 12:02 PM
Response to Reply #52
54. If someone dies I hope you have a good laugh.
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varkam Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 01:32 PM
Response to Reply #52
59. HAHA. I GET IT. DOUBLE HOMICIDE HUMOR NEVER GETS OLD!!1!
:eyes:
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shadowknows69 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 12:01 PM
Response to Original message
53. You reap what you sow. Welcome to fear asshats.
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northernlights Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 12:07 PM
Response to Original message
55. cry me a river, Jackpot Jimmy...
'One of those who received a multimillion-dollar bonus, James Haas, became tearful when confronted by journalists at his house this week. He told the New York Times: "I feel horrible. This has been a complete invasion of privacy."'

:nopity:

Seriously, if these people want to understand what loss of privacy feels like, they should try spending some time at a shelter, or in a tent city. Or in prison, where they effing belong.
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Iggo Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 12:15 PM
Response to Original message
57. Maybe if they stopped calling them bonuses...
Edited on Sat Mar-21-09 12:27 PM by Iggo
...and started calling them what they are...thefts...then it might dawn on them to be more careful when walking among the people they stole the money from.
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SmileyRose Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 04:39 PM
Response to Original message
62. Death threats my ass.
Victims my ass.
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Incitatus Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 05:04 PM
Response to Reply #62
67. victims, no, but death threats wouldn't surprise me
If they were smart, they would take their money and leave the country. I don't intend on breaking any laws, but there are a lot of pissed off and unstable people out there.
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gratuitous Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 04:50 PM
Response to Original message
63. "They fear for their own safety"
Sorry, but I don't believe a word of it. Not a syllable. This is public crying in an effort to grab some sympathy. At this point, I'd believe a pro wrestler before I'd believe a word out of the mouths of any of the higher ups at AIG.
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BlooInBloo Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 04:51 PM
Response to Original message
65. Cool. Two at a time.
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Gin Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 04:59 PM
Response to Reply #65
66. what ...are they nuns? they have to travel in pairs......geez.
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billyoc Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 05:46 PM
Response to Reply #65
72. They'd be even safer driving around 5 at a time, in Ford Pintos.
:evilgrin:
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comrade snarky Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 05:16 PM
Response to Original message
68. Good
I don't want to see them actually hurt but I'm OK with robbers being afraid of a little rough justice.
To quote from one of my favorite movies:

We cook your meals, we haul your trash, we connect your calls, we drive your ambulances. We guard you while you sleep. Do not... fuck with us.
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WI_DEM Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 05:25 PM
Response to Original message
69. You know if anybody ever does get hurt from association with AIG it won't be the big shots who got
the bonuses, but some lower paying employee who got zilch--maybe somebody in customer service or something.
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lib2DaBone Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 05:39 PM
Response to Original message
70. ..Could we expand that warning to Republicans in General? How bout Rush?
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opihimoimoi Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 05:42 PM
Response to Original message
71. Pairs? Are they NUTZ??...setting up a 2fer? get 2 w 1 hit? OMG
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daleo Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 06:07 PM
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73. Plus, avoid getting too close to guillotines
And unruly mobs with pitchforks.
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marshall Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 06:10 PM
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74. Are their names and addresses posted somewhere?
I know AIG is dragging its feet coughing up the list for Congress. Has somebody else managed to get the list?
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