Wednesday, April 08, 2009

Bonus Perspective

Putting AIGs contractual $165 million in bonuses in some perspective:

“…if you want a real bonus, outrage, consider this: The operation getting the biggest taxpayer subsidy of all – the federal government – pays bonuses to its employees too. This year it plans to hand out about $1.6 billion of bonuses, despite running more than $1 trillion in the red.” -- Allan Sloan, Fortune Magazine April 13, 2009 issue

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