AIG, American International Group

AIG

AIG, American International Group. I began seeing many ills in our Nation, and this is just one of the companies that I believe are taking advantage of the current Bailout funds.

The good news here is I really don't need to say much about this company because you see and hear about this company almost daily. Their CEO's continually find ways to sneak around the Presidents demands to be responsible for their actions, and I see President Obama Reprimand this company by offering more and more money.

The whole song idea sparked from controversy that AIG gave huge bonuses around March 2009. The President was giving a speech in Costa Mesa, where he stated that he would take responsibility, and ensure that this abuse would stop.

It never stopped; bonuses changed to retention, but still gave away money for Failing, you don’t even have to work there anymore.

Now I don't know enough to say good or bad about this next individual. Way too much too read, and read between the lines, but I will share what I read, a CBS News Article that made me sick in the stomach; the previous CEO Maurice R. "Hank" Greenberg was involved in a scandal of 4.3 billion in stock from the company in 2005. Who knows the real story, but I do know Greenberg left AIG, to join forces with C.V. Starr.

What is interesting, both AIG and C.V. Starr were founded and created by the same person Cornelius Vander Starr. So when former CEO of AIG was ousted over a multi-billion dollar scandal he goes to C.V. Starr??? Does this only raise questions with me, did I miss something here? Now the good news, looks like all the hard work Greenberg accomplished at AIG, and the billions he took from AIG, he gets to keep, as AIG and former CEO Greenberg settled.

 I have received many bonuses as a salesman, how did I get bonuses? Whenever I was excelling at my job, posting a high number of sales or even from being the best salesman; my boss would usually give me a bonus. I bet many of you also get bonuses for your excellent performance at work.