Word: aig
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...hard to identify a Beck ideology so much as a set of attitudes, sometimes contradictory ones. He channels anger against Wall Street but defends the bonuses for AIG executives. He devoted a segment to debunking a conspiracy theory about FEMA "concentration camps" but has warned that the AmeriCorps program "indoctrinates your child into community service...
...York City Giving In and Giving Back Some of the AIG executives under fire for taking fat bonuses have agreed to return the money. The insurance giant, which has received $180 billion in bailout funds, was obligated to pay out $165 million in bonuses as part of employees' contracts--prompting outrage from the public and in Congress. In all, more than $50 million in bonus money has been returned...
...AIG's Bad Reverberations...
...fury over AIG executives' bonuses is heightened by the overall anonymity of those behind the broader economic collapse, for which no one is being held responsible [March 30]. However understandable, this scapegoating distracts from the bigger problem and may debilitate the political will to enact appropriate legislation. Connell J. Maguire RIVIERA BEACH...
...AIG debacle aside, the rotten apple in our culture is the notion that executives are able to "create" value that is worth astronomical multiples of that created by the daily toil of ordinary members of our society. We have lost our sense of proportion. Jim Williams, CASTLE ROCK, COLO...