When a bank is robbed the local police and the FBI will have enough people at the scene of the crime to eat the place in a matter of minutes. So what happens to AIG when they come close to bringing down the entire American economy? We give them money, $180 billion of our tax dollars, and the FBI is nowhere to be seen.
March 16 (Bloomberg) -- Obama administration officials and lawmakers lambasted plans by American International Group Inc., the insurer rescued by the government, to dole out $1 billion in bonuses and retention pay to employees.
AIG seems to be saying give us what we want or we're going to destroy the United States of America because we're to big to fail and we seem to say OK we'll give you what you want plus a bonus. Hell these folks seem to be in the same league as the Mexican drug cartel and one could easily conclude that AIG is using terrorist tactics and blackmail and I don't say that lightly. Wars and revolutions have been started over less and if terrorist or a foreign country did this to us we might be at war with them now.
So does this mean if we rob a bank and get caught we can expect a bonus? I don't think so but that seems to be the message we are getting from the folks handing AIG our tax dollars.