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Originally Posted by khfreek
Technically that's unconstitutional right? Not that I care what that outdated document has to say about it that much.
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no.
it's like asking for a student loan then not enrolling in school and buying a car instead. you're misappropriating your loan and ignoring the primary stipulation of your contract.
these companies asked for bailout money to keep from going under, not a handout from the public coffers to pad their pockets.
here's the real stumbling block though.... seems most of the people who got paid bonuses actually worked in departments that turned a profit last year (at least that's another one of the rumors circulating the issue)
i'll try laying it out in terms most of us can understand here (movies and video games). the vivendi group owns both universal studios and blizzard entertainment, let's say everyone stops going to movies because they're all playing WoW instead. now universal studios is tanking, and they're such a large part of vivendi that now they're looking at tanking too, but blizzard is still rolling in cash. do the blizzard execs have to lose their bonuses to pay for universal studios operating costs so their parent group stays afloat? is that 'right'?
the list of AIG execs who got the big bonuses hasn't been released to the public yet, and until it does it's really all speculation as to who got what and where it came from. some people might actually deserve a bonus this year, but it definitely should NOT come out of the bailout money.