AIG pays out - who's footing the bill?
In an attempt to keep people from jumping ship, AIG is planning on paying out deferred compensation programs to some 5600 upper-level employees early. While I'm sure that's all fine and great for those receiving the payouts, is this really the time to start tossing money around? They've already been bagged for being ballsy enough to take trips to fancy spas, essentially flipping off the government and taxpayers after their huge bailout.
I'm wondering who is ultimately going to foot the bill so the bigwigs don't bail. Haven't the taxpayers been responsible for enough of AIG's mistakes? Now is just not the time. Not to mention the lack of bonuses most of us will be receiving... How do others feel about this?