Not Ranked
On the other hand, someone must have done something wrong, after this is an insurance company and insurance companies are suppose to have checks and balances in place to insure that funds are available to pay claims or they should not be underwriting the business.
I'll bet that there are a lot of villains working for AIG at very high levels with very big bonuses. With that said, I don't believe that the bonuses should be taken back, period - just move forward. The fact that they should be paid - is the law, written into the law by Dodd and others - the deal was made, it's a done deal - now, go after whomever made the deal on the government side.
|