Getting Cut!
I was just reading that new CEO of American International Group, Robert Benmosche stated that he’s “done.” He made this comment to the AIG board because the U.S Government had ordered to cut top executives salary and bonuses in half. I personally think he does need to go. He needs to understand that we bailed out AIG to the toon of $182 billion, with more to come. I read that we own 80% of AIG, so we have the right to cut pays and perks. I do understand that AIG could, and chances are they will lose top executives, but then again some caused the problems. So I say let them go, they’ll have a hard time finding work making the same amount of money. I hope all their perks are taken away as well. If they want a gym membership they can buy their own, or get a dip machine top work out at home. I so tired of company’s like AIG, they seem to have forgot why their still in business. We should of taken control of all banks that were in trouble, because their out of control again. In a few more years we’ll see this all over again, wait and see.

