Mon 8 Mar, 2010
Where are the black people?
We need to shove a couple of dicks in these guys’ mouths:
During the national furor that erupted last year after American International Group paid more than $165 million in bonuses, the voices of those vilified for receiving the payments remained silent, at least in public.
But behind closed doors, employees at AIG’s Financial Products division — the very unit whose trading had hastened the insurance giant’s collapse — were defiant, saying they were merely getting what they were due, recoiling at public accusations that they were behind their capitalizing on the company’s massive taxpayer bailout.
“I will stand behind every action I have taken in this company from Day One,” one employee said, according to a newly obtained transcript of a conference call the division’s head held last March with some of his staff.
But when another employee asked whether the staff would be getting a second round of bonuses promised for March 2010, his colleagues burst into laughter, apparently considering this a preposterous notion amid the public outrage.
Yet they did see that money, at least most of it. Last month, under a deal in which employees agreed to take a cut in their upcoming retention bonuses in return for an accelerated payment, AIG paid out about $100 million to employees at the firm. AIG is scheduled to pay the last of the bonuses this month.
Even so, neither time nor money has softened the employees’ feelings of wrongful persecution and their anger over becoming the subjects of scorn and ridicule. Seldom was that sense of victimhood more clear or more visceral than in the conference call of March 23, 2009.
[...]
The employees said that the corporate leaders who had driven the firm into the ground were already gone from the company. Those who had remained behind to help clean up the mess and repay the taxpayer bailout were due their compensation, they told Pasciucco.
“You made a commitment to us, and we made a commitment to you. And for anybody to look beyond that, as the politics and the media are at the moment, is missing the point,” said an employee. “You can’t expect us to just roll over and ignore that commitment because there is a bunch of immoral bigots that intend us to do something different. It’s not going to happen.”
Another was even more irate, lashing out at the public for scapegoating AIG employees. “To be honest with you, I really hope it blows up. I think the U.S. taxpayer deserves to lose a trillion dollars over this thing for the way they have behaved.”
And then he turned on politicians who had joined the anti-AIG posse. “They only care about the next election, just like we only care about the next bonus. Well, none of them cares about the country, none of us cares about the institution,” he said, adding: “They really don’t care, and I really don’t care. And frankly, if a trillion dollars gets lost, fine.”
The AIG retention bonuses have rankled many in the public because the company has received a federal rescue package of about $180 billion in loans, stock investments and other commitments from the Federal Reserve and the Treasury Department. Closing down AIG Financial Products’ trading portfolio has been vital to stemming further losses and repaying the public money.
Wall Street’s like that slutty, crazy chick in high school who let you in her back door, and you put up with her ungrateful attitude and lack of loyalty because of it.
But one day you wake up and realize that putting your dick in the shit hole of a crazy person isn’t that great. Plus, you find out she’s been talking to her friends about how whipped you are and how you never follow through with your threats.
So you tell the whole school during morning announcements how you fucked the slutty, crazy chick in the ass while listening to Fleetwood Mac’s “Don’t StopBelievin’”, and that you’re breaking up with her because she’s an ungrateful, gold-digging cunt.
Then you hook up with that sweet next-door neighbor chick who worships the ground you walk on. (Bonus: she swallows.)
See, that’s what our government needs to do. They need to call a press conference and calmly tell Wall Street to go fuck themselves. Then they need to use the trillions of dollars they where giving Wall Street to build schools, homes, and jobs for the people.
But our government won’t do that, because they love to fuck the slutty, crazy chick in the ass. No matter how much they get shitted on.
Tags: AIG, Bank Bailout, Bunch of old white men that need to die in a grease fire, Wall Street
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