If you read that letter once more, you'll notice that he mentions that the individuals who actually did the damage, were no longer with the firm. The folks who received the bonuses were not even IN the sections involved. Can you spell SCAPEGOATS ?
AIG is a VERY complex and diversified organization that us common folks cannot even fathom.
The major point of this whole fiasco is that the Govt is taking CONTROL piece by piece of our banking and major corps.
I don't know about ya'all, but I've NEVER worked for a poor person. Poor folks do not produce products or services and employ people. Hard working and driven folks take BIG chances and risk it all, fail often but get right back up and do it again until they succeed. When they succeed they EMPLOY people. They've EARNED what they have. Their employees ALSO earn what they WORK for, not what is HANDED to them. Hard working and concientious workers are highly valued by MOST small businesses. Small businesses are the virtual backbone of our economy. Barry's policies are going to deteriorate the INCENTIVE for individuals and small businesses to succeed, through increased taxes.
Being self employed for 35 years I've fallen, gotten back up, fallen and gotten back up many times. I'm DRIVEN to succeed. I could not work for any other person as I NEED to do it myself until I succeed. When I do, I'll put folks to work.