Friday, September 19, 2008

AIG UnderGovernment Control?



AIG under government control? You've got to be kidding me. With the national debt that the government has racked up, do you really trust them to run this business? People, do you see what corporate greed has gotten us into? Million dollar salaries to these CEO's, who drove this company to failure, that we are now forced to bail out. Nice. Corporate greed hurts us all. Can you see it? At least the government will not be paying the CEO's of Fannie Mae and Freddie Mac the $24 million in exit packages they were to get. Fannie Mae CEO Daniel Mudd had been due to receive up to $8.4 million and Freddie Mac CEO Richard Syron was due to receive up to $15.5 million. Not bad money for driving your companies into financial ruin. Hell, I'd do it for $3 million. Just enough to get my own truck and boat. Daniel Mudd made $12.2 million in 2007 and Richard Syron made $19.8 million in 2007. Obscene compensation. The vast majority of us will never see that kind of money unless we hit the Mega-Millions lottery. And that would be just once, not year after year. Here's pictures of these two idiots.

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