Sunday, March 15, 2009

OUTRAGEOUS!

Business Rule #1: DO NOT REWARD PEOPLE FOR FAILURE!

Breaking News Alert
The New York Times
Saturday, March 14, 2009 -- 8:23 PM ET

A.I.G. to Pay $100 Million in Bonuses After Huge Bailout. Despite being bailed out with more than $170 billion from the Treasury and Federal Reserve, the American International Group is preparing to pay about $100 million in bonuses to executives in the same business unit that brought the company to the brink of collapse last year.
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)