I can’t remember last time I forwarded an e-action… but this one caught my eye.
AIG - the insurer of banks and insurance companies - who has received Government bailout money to the tune of $175 billion, and is commonly known to be one of the reasons why the economy is in as bad a shape as it is has decided to reward its financial products managers with $450 million in bonuses. This is just unbelievable. No actually, it’s robbery. Or assett stripping as it was called bank managers in Asia attempted the same in the late 1990s. Anyway, Jon Stewart and Joe Nocera from NYT explains it better:
http://www.thedailyshow.com/video/index.jhtml?videoId=220254&title=joe-nocera
Moveon is running a petition urging Secretary Geithner and Congress to do whatever it takes to cancel these bonuses. I’d say join - by clicking on the link below:
http://pol.moveon.org/aigbonus/?r_by=15740-12217308-g6ZAEax&rc=comment_paste