[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/bbcode.php on line 488: preg_replace(): The /e modifier is no longer supported, use preg_replace_callback instead
[phpBB Debug] PHP Warning: in file [ROOT]/includes/functions.php on line 4762: Cannot modify header information - headers already sent by (output started at [ROOT]/includes/functions.php:3897)
[phpBB Debug] PHP Warning: in file [ROOT]/includes/functions.php on line 4764: Cannot modify header information - headers already sent by (output started at [ROOT]/includes/functions.php:3897)
[phpBB Debug] PHP Warning: in file [ROOT]/includes/functions.php on line 4765: Cannot modify header information - headers already sent by (output started at [ROOT]/includes/functions.php:3897)
[phpBB Debug] PHP Warning: in file [ROOT]/includes/functions.php on line 4766: Cannot modify header information - headers already sent by (output started at [ROOT]/includes/functions.php:3897)
Seattle Bubble Forum Archive • View topic - Lawsuit Against AIG

Lawsuit Against AIG

How will housing affect the US and world economy? How will the economy affect housing?

Moderators: synthetik, The Tim, Lake Hills Renter

Lawsuit Against AIG

Postby TJ_98370 » Fri Mar 27, 2009 7:07 pm

.
Hey kids! This is where the action is! If you can't get rich by gaming some bubble, sue somebody. It's the American way!
.

.
A lawsuit filed on behalf of shareholders of American International Group Inc. is demanding company executives return millions of dollars in bonuses, dividends and other perks.
.
The lawsuit, which seeks class-action status, also seeks unspecified damages as well as the removal of AIG's top brass. It claims shareholders have lost $200 billion because of AIG's gross mismanagement and corporate waste over the past 8 1/2 years.
.
Freedom Watch, a nonprofit organization that advocates for ethics in government, filed the lawsuit Thursday in U.S. District Court in Los Angeles.
.
Among the defendants named in the suit are former Chief Executive Officers Maurice Greenberg, Martin Sullivan and Robert Willumstad, as well as current CEO Edward Liddy. The suit also targets 10 AIG board members, including Liddy...........

.
TJ_98370
Bubble Banter Boss
 
Posts: 844
Joined: Mon Feb 26, 2007 8:40 am
Location: Poulsbo

Re: Lawsuit Against AIG

Postby SeattleMoose » Thu Apr 16, 2009 11:48 am

Wait, why is this even an issue? Last I heard AIG porkers were gonna be forced to give back their bonuses or have them taxed away. Didn't that happen? Even Obama and Helicopter Ben expressed their "concern". You mean it was all "just talk"?

Funny how the whole AIG "outrage" was a "hot" item in the news and then faded away. And all the talk about porky execs returning their misbegotten bonuses, and "outrage" by congress, the president, and the FED.....meant nothing.

Don't these folks work for those who they "represent"?

Well (ahem) yes they do. They actually DO work for those they "represent". They just don't represent....us.

You must understand that execs returning bonuses sets a bad precedent. Can you imagine?, execs having to actually earn their millions in bonuses based on the same sort of criteria as us little people....performance.

Well, that is....oink.....outrageous!!!

Take the money, wait the furor to die down, and then make off with the loot.

God Bless America!!! OINK!!!
SeattleMoose
Bubble Bloviator
 
Posts: 225
Joined: Sun May 06, 2007 7:26 am

Re: Lawsuit Against AIG

Postby WestSideBilly » Thu Apr 16, 2009 3:41 pm

Wait, shareholders are suing to return dividends? WTF!
WestSideBilly
Bubble Banter Boss
 
Posts: 562
Joined: Mon Feb 04, 2008 1:41 pm
Location: Land of entitlement

Re: Lawsuit Against AIG

Postby ira s » Thu Apr 16, 2009 6:21 pm

Nah, the shareholders of AIG aren't suing to return dividends THEY got. They're suing to have AIG executives return dividends they got. More than likely, the execs were given bonuses in stock, and that stock paid dividends
ira s
Bubble Bloviator
 
Posts: 330
Joined: Mon Jan 28, 2008 10:05 am
Location: Seattle, WA


Return to The Economy

Who is online

Users browsing this forum: No registered users and 2 guests

cron