Quote:
Originally Posted by srmom
How about to keep their job? Most of the scoundrels are still working at AIG -and if you want to read about incompetence and malfeasance, there is quite a bit laid out in this:
http://online.wsj.com/article/SB123812287215554481.html
A very well written article (if you are not a subscriber, you can subscribe for free for 2 weeks) |
You're going to collectively refer to a thousand people as "scoundrels"? Seriously?
Fire the guys if you're going to fire them. That's fine. But using downsizing as a threat for renegotiation is a very dangerous slope to walk, and may move into illegal territory if used without due care. This isn't an at-will employment situation - it's a contractual obligation.
Quote:
Originally Posted by srmom
And, like I said in my last sentence - how about in good conscience? Unless a person (especially, an extremely well compensated person) is morally bankrupt, how could they accept a bonus paid with money supplied by the American people?
I'm sorry, this can be spun in many ways, but accepting those bonuses is just wrong.
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. . . and here's the part with the subjective outrage. "Wrong" is also temporal, which you're abusing for your own benefit, but I'm not sure you have an iron-clad ivory tower position here.
Look, if you were promised something (let's say a brand-new kitty for Christmas) and then received that, then were told you had to give it back because a third party had given the money (with no restrictions in place) but now does not want to fund your cute kitty, you would simply give it back?
Now what if you only went to that particular Christmas party because you had been given the kitty in a contract?
If there were malfeasance or breach of care on the part of the individuals receiving the bonuses, then the contract would not exist (note: gross oversimplification to make a point, I'll admit). Don't you think that, if this were the case, that step would have been taken?
Do you really think any person with half a brain will want to work for AIG going forward if they know that they'll have to perform at an arbitrarily-determined level of success in an unknowable time frame (as dictated by people with little to no experience in the field) in order to actually get the compensation they were promised? How on Earth do you expect AIG to get better?