Grassley Suggests AIG Execs Consider Suicide

That made me laugh. But they have no honor, so they won't do it.

I am sorry if my writing isnt up to your standards.
I am just upset to see goverment officials demanding names of people who have done nothing wrong.
These same goverment officials are fomenting class envy and anger over what amounts to peanuts,while they spend our country into a black hole of debt.I am sorry if my grammer and punctuation isnt up to snuff but America is letting these scum take away our freedom and you are cheering because your jealous of someone who managed to make himself some money.Instead of sitting on there ass and waiting for a obama handout.

courage?

Ever heard of punctuation?

Coherence?

Lucidity?

At best, your connection, let alone familiarity with corporate reality, is seriously underdeveloped.

"destroying law abiding americans"? Demanding the names of people who threaten AIG employees with death -- that's Frank's and Obama's "attack on capitalism"?

That's the Big Issue for you?

During an industry wide corporate implosion, due specifically to really stupid corporate decisions, compounded by more reckless management decisions - you see this as President Obama's nefarious attempt to overthrow America?

He's been in office since 20 January.

It is 18 March.

But you think he wrecked the economy, retroactively?

Amnesia aside, where have you been fermenting this brew of hate, toxic bombast, talking-point cliches and ludicrous paranoia for the last 8 years?

We're adults here.

You have every right to express whatever nonsense inspires you. But, to you as the exception, it will remain nonsense.

the real crime is what franks and his goons are doing for that marxist obama im sick of this damn class envy shit that our so called goverment is playing everybody with Barny Franks wants names so he can destroy law abiding americans for his own bendiction and as meat for the masses to hide obamas attack on capitalism might as well be feeding christians to the lions.Trillions for cap and trade disgrace trillions for goverment control of healthcare Obama will go down as the most destructive president of all time we may never get our freedom back.

unclecharlie,

Since you're sure Senator Grassley is right how about this idea?

Everybody just forget all your false ideas about the AIG horror!

Our True Leader (admittedly never elected) speaks for us all!

http://mediamatters.org/items/200903180001?f=h_latest

“During the March 17 broadcast of his nationally syndicated radio show, Rush Limbaugh -- "a great leader for conservatives" -- defended American International Group (AIG) from criticism of the company's controversial employee retention bonuses.

Limbaugh declared, "A lynch mob is expanding: the peasants with their pitchforks surrounding the corporate headquarters of AIG, demanding heads. Death threats are pouring in."

"All of this being ginned up by the Obama administration."

(How does "ginned up" work exactly?)

Limbaugh later claimed, "This $500,000 limit on executive pay -- let me tell you why it won't work. New York City will die. New York City needs a whole bunch of people being paid a whole lot of money, so they can tax their butts off, so that the city can maintain its stupid streets, potholes, and welfare state. Without the super wealthy in New York, it's over. ... This -- it's just a populist ruse. It's just designed to people go, 'Yeah, yeah!' "

(Down with stupid streets! Abolish "Yeah,Yeahs!" Outlaw anything "ginned up!")

Rush. Another innocent candidate for twit of the year who sees AIG as blameless and pilloried by unfair "populist" expectations? How very different is his compassion compared to a hostile electorate.

Is this the idiocy which will keep the GOP completely alienated from the same population it needs to be elected?

The same population Megan McCain indicates includes a huge number of disaffected youth, among others, who think the GOP and its backers are corporate tools, blowhards, paranoids and raving lunatics?

Whatever gave them that idea?

I laughed so hard when I heard him say this. Mainly because I agree with him.

This should be investigated as a crime !

Spitzer tried eons ago to no avail...

CRIME PAYS
http://www.youtube.com/watch?v=H8hg7XH-Gns&feature=channel_page

Why do I get the feeling this is again but window dressing for the village idiot scene ?

Why would AIG go out of its way to publicize this at this very moment ?

Please remember we are getting all indignant about a few millions while thousands of BILLIONS are flying out our collective window...

Welcome back to feudalism dear fellow medieval ignorant peasant pigs ;)

"Politics is the art of looking for trouble, finding it everywhere, diagnosing it incorrectly and applying the wrong remedies." - Groucho Marx

Marxism we all can believe in ;)

PS : Is AIG short selling America ?

AIG has insured $1.6 trillion in derivatives
http://www.boingboing.net/2009/03/09/aig-has-insured-16-t.html

To really understand, please watch Samantha Bee's segment of the DAILY SHOW
March 16, 2009 show clip 2 of 4
http://www.thedailyshow.com/

Executive Resume

“I found that politicians knew how to befog every issue, how to control public opinion and manipulate votes to their own advantage and to that of their financial and industrial allies. In addition, Government protects the strong at the expense of the weak, provides courts and laws which the rich may scorn and the poor must obey. It enables the predatory rich to make wars to provide foreign markets for the favored ones, with prosperity for the rulers and wholesale death for the ruled.” - EMMA GOLDMAN, December 1934

"Everything predicted by the enemies of banks, in the beginning, is now coming to pass. We are to be ruined now by the deluge of bank paper. It is cruel that such revolutions in private fortunes should be at the mercy of avaricious adventurers, who, instead of employing their capital, if any they have, in manufactures, commerce, and other useful pursuits, make it an instrument to burden all the interchanges of property with their swindling profits, profits which are the price of no useful industry of theirs." --Thomas Jefferson to Thomas Cooper, 1814. ME 14:61

The sad part is most of them will most likely get little to no punishment. It is sad but true. Today's society isn't about working hard, or earning your pay. Andrew Carnegie and Henry Ford were the last Americans with that much power that new what it meant to make the money. They didn't swindle it away on petty vacations or useless objects. They turned around and put the money right back into the business they created. That is why Carnegie Steel Company became such a large and powerful company. Henry Ford made the car convenient and affordable by continuing day in and day out to make the assembly line "flawless." They offered jobs to millions and help make this country what it is today. CEOs of today's companies don't care about anyone but themselves. They only want their money. It is the greedy capitalists minds that will destroy the America the Founding fathers created and ruin the America that Americans like Carnegie, Ford, G.W. Carver worked so hard to create for us.

if AIG is going down, all the insurance companies should go down because they all waste money. i worked for a very well known insurance company for 7 years. i was astonished at the money wasted on the "big wigs" while the regular employees got treated like crap.

someone at AIG got a bonus of 6.4 million with the latest bailout money. that is 100% bullshit. a failing company should reward anyone for doing shity work.

the term BAILOUT has become a joke.

oh yea 73 shity employees got 1 million and 7 got 4 million. why should we reward crap.... give the BONUS money to the American people who got F*****

Grassley deserves to die for that comment! Nobody but GOD can tell someone to commit suicide. If I ever see that white motherfucker I'll kill him myself!

No way we would get that lucky.hopefully they listen to him

Thank you alivein85.

Im with Kenny! If anyone should be rotting in the worst american jails, its this group of pigs!! *bah!*

The whole deal is not done yet there is plenty of time for jail. But first lets sort it all out so we can get the sentences correct for the appropriate theft.

In the actual story, I love how his spokesman tries to suave out and retract Sen. Grassley's statements!

Too bad Obama can't (or won't) use executive power to throw them all in jail.

I bet he'll be regretting those words soon enough. I bet he regrets those words now.

Japanese lawmakers sometimes off themselves, too, but, you know... whatever.

I think these executives might be willing to re-negotiate their contracts when they suddenly remember their other option is to pay their own damn bonuses.

Hey everybody, you all know that AIG is contractually bound to pay these employees these bonuses? They have to... by law.

Robbery. Put them in prison... and not the luxurious white collar prison. Most countries would put these people to death for what they've done. Madoff is going to serve time for scamming a handfull of people, why aren't these guys? AIG stole from every single person who pays taxes.

STOP BAILING OUT COMPANIES!!!! THEY HAVE DUG THEIR OWN GRAVES, AND NOW THEY ARE DIGGING OURS!!!!

Wow. I thought Tom Cruise was The Last Samuri. But then "everything I learned about life was from movies" as the popular quatation goes. Well new day, new movie I guess.

I love that Grassley immediately followed with, "that's not what I meant" when the press focused on his comment. He didn't exactly mince words, now did he?

Maybe Grassley, his fellow Republicans, and those acquiescing Democrats could show em how it's done by taking an honorable hara kiri over their failed supply side, anti regulatory ideology.

Grassley's comment was humorous in a sarcastic way. It wasn't literal, although I am sure that there are alot of people that firmly believe that this would be the best thing that could happen. AIG is toxic, and they are killing the world economy.

there is no such thing as common sense...... obviiously

Sen. Charles Grassley is standing by his earlier comments suggesting some embattled AIG executives should "resign or commit suicide," but told CNN Tuesday he was merely speaking rhetorically.

"Of course I don't want people to commit suicide," the Iowa Republican said. "But I do want an attitude in corporate American that's similar to what they have in corporate Japan.

"[In Japan], people that run a corporation into a ground have violated their trust with the stockholders and maybe even the taxpayers — they take a very deep bow, they apologize, they are remorseful, they are contrite, they take full responsibility," he added. "We have not heard the sort of apology, remorsefulness, contrition, that we ought to hear from corporate executives in America assuming full responsibility."

And you thought Republican senators don't have any common sense! Well, I guess this proves all you bleeding heart liberals wrong! So there!

Half those guys are already gone. Took their money and split.

THIS IS, AND WILL BE, THE BIGGEST SCAM IN HUMAN HISTORY

There should be caps on corporate administrator's pay. They don't do anything, they don't add any value - all they do is take.
Corporation's share holders should receive the value created by the corporation. That's what the exists for.
Executives who get large pay - are simply stealing money.
They aren't worth more than $100k or so, tops.

If they had any talent, they'd own their own company and they'd keep the company money in the company. Cause they would be trying to rape their enterprise.

well, it does sound extreme, but if any exects should whack themselves, its these guys.
and on their graves will be inscribed the words: "no great loss".

when, in fact, the Honorable Sen. Grassley has as much to do with it as many of those same execs.
what grandstanding.......
self-righteous prick

let he who is without 罪 cast the first 短刀

Good Choice because dummies like BUSH & OBAMA
Gave them taxpayer money which was a mistake ,
As far as AIG goes ? LET THEM DIE !

ha! hahahah!! awesome!