03-25-2009, 03:52 PM
AIG is too big to fail and too expensive to sustain i guess. Most of the money granted to these big companies was mishandled. Govt itself doesn't know where the funds are being allocated. Now after the news leak about bonuses, people are angry. Afterall it is the tax payers' money that is being used to save these giants.
There were other news about mishandling of govt granted funds before these bonuses which weren't take so seriously.
I dont think there ll be much done to stop it. It is always noise and then slowly things become quiet and go behind the scene.
Though we should be aware of current affairs in the Financial world, but it is just a temporary commotion. You wont even see these news in the news after few days.
There were other news about mishandling of govt granted funds before these bonuses which weren't take so seriously.
I dont think there ll be much done to stop it. It is always noise and then slowly things become quiet and go behind the scene.
Though we should be aware of current affairs in the Financial world, but it is just a temporary commotion. You wont even see these news in the news after few days.