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ck4829 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-22-09 12:21 PM
Original message
Cry us a river, AIG
Edited on Sun Mar-22-09 12:23 PM by ck4829
Long-time pillars of the community are now pariahs living in fear, hiding behind locked gates and security guards amid the public outrage over bonuses paid with taxpayer bailout money.

Payouts by American International Group Inc. appear to have put a face on the economic struggles the country faces, and the anger targeting AIG executives living in this ritzy area of Connecticut is palpable. Death threats have been pouring in since the brouhaha broke, the company said, and its workers are taking no chances.

"It's scary," one executive said, speaking on condition of anonymity. "People are very, very nervous for their security.''

Corporate officials advised employees in a memo to avoid wearing the company logo to keep from drawing attention. Workers were also urged to travel in pairs at night and park in well-lit areas.

http://www.thestar.com/Business/article/606308

The poor and middle class don't get locked gates and security guards, what about them?

"Consumers complain that a Marietta debt collection firm uses deceit and abusive tactics to collect money, even when it isn’t owed, records show.

Enough complained that the Georgia Governor’s Office of Consumer Affairs began investigating last fall. It ordered Frederick J. Hanna & Associates to answer questions about collection practices, consumer disputes and what it does to ensure the validity of debts.

But for three months the state’s top consumer watchdog agency and the debt collector have been in a standoff.

Frederick J. Hanna & Associates says its tactics are none of the state agency’s business. Because it’s a law firm, the debt collector contends it is outside the consumer office’s jurisdiction. It refuses to answer the agency’s questions."

http://www.ajc.com/services/content/printedition/2009/03/15/spotlight03153dot.html
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stillcool Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-22-09 12:34 PM
Response to Original message
1. typical isn't it?
another witch hunt. Don't blame the government which wrote the laws that allowed the titans of industry to do anything they want at the detriment of the country. No..let's let AIG fail, and take all the interconnected business and industry with it. That'll work.
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ck4829 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-22-09 12:39 PM
Response to Reply #1
2. Don't put words in my post
Nowhere did I'd say that AIG should fail, and I believe there should be as many bailouts as Wall Street wants and/or needs, but it should correspond with "bailouts" for the rest of us. The only thing I'm opposed to is refusing to let the big guy fail while brushing off the little guy at the same time.

I don't know how "The poor get harassed too" turned into advocating that AIG fail.
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stillcool Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-22-09 12:53 PM
Response to Reply #2
3. I wasn't putting words in your mouth..
I was commenting on harassing the people who worked at AIG. I guess that is not a politically correct position to take.
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Jennicut Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-22-09 12:54 PM
Response to Original message
4. Like death threats will solve anything.
Really, outrage is good when its constructive. This is just kind of dumb.
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