Feinstein, Boxer, and my congresswoman all got calls this morning.
Dear Senator Feinstein,
Billions and billions are going to AIG because they took risks with their company and our country that they did not cover with any reserves at all. And now I am supposed to accept that part of our bailout, paid for by MY dollars, is to be used to pay hundreds of millions of dollars in BONUSES to these criminals? And that these bonuses are guaranteed by contract so they have to be paid???
GET OUT!!
Renegotiate the damn contracts. Pay each of them $1.00. Contracts are renegotiated all the time. WHY NOT THIS TIME??
We own this company, last time I checked. If a manager doesn't like his $1.00, let him sue. Discovery will be interesting, to say the least.
I am hopeful (but not optimistic) that I will see your statement on this issue posted on your web site by the end of the day today, March 16, 2009
Regards,