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We cannot attract and retain the best and the
brightest talent to lead and staff the AIG businesses...
if employees believe their compensation is subject to
continued and arbitrary adjustment.
--AIG chair Edward M. Liddy,
defending the payment of $165 million in bonuses
to employees of a firm that has required
$170 billion in government bailout funds
Yes, billions they lost in one quarter.
This bothers them not in the slightest.
They still want a bonus for failure,
For they are the best and the brightest.
You'd think, with the damage they'd done, they'd
Apologize, at their politest.
But they want a bonus for failure,
For they are the best and the brightest.
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