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Re: jbog post# 2341

Friday, 05/15/2009 12:17:08 PM

Friday, May 15, 2009 12:17:08 PM

Post# of 2386
jbog to SoxFan: "How do you know what would have happened if Chrysler would have gone through a normal bankruptcy. Would Toyota or Honda maybe bought it? Who knows."

It wasn't that long ago that you thought there was a great case for letting AIG pay their executives huge bonuses.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=36340546

In that article there's a statement that goes like this....
"If A.I.G. had spiraled into bankruptcy, its employees would have had to get in line with other unsecured creditors."

My, my. Why not let AIG do what you suggested of Chrysler? If AIG couldn't pay out those big bonuses because they didn't get the bailout money, they could start all over....and get rid of the thieves at the same time.

Hypocrisy, anyone?


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