I weep for this country.

AIG's Bold Move and Why I'm Shorting the Long Bond

I apologize for the "joke" comment. It is just very upsetting to constantly hear the media and pundits bashing AIG for seminars that are a necessary part of AIG's or blaming them for giving out bonuses to prevent a mass exodus of talent. these companies will not be worth anything if the talent leaves. Insurance is built on relationships. If the media would stay out of this matter AIG would still be thriving.

AIG's Bold Move and Why I'm Shorting the Long Bond

By the way, what does "lavish retreat" mean, putting on a seminar attended by 2 AIG employees at a cost of $186 per independent broker? Way to cite Brian Ross, he certaintly had all of his facts straight when he aired that amatuer video of his. It is a joke that AIG has to apologize for every marketing event they sponsor. How are they supposed to retain business?

AIG's Bold Move and Why I'm Shorting the Long Bond

I applaud many of the comments above which state the logical position that AIG must pay bonuses to retain talent. AIG was given a loan and loan shark rates, they were not given a handout. As a result, there is no reason to make a dollar to dollar comparision on how they spend the money. As a taxpayer, I want AIG to retain top talent and maintain their position, after all we now own 80% of the company, I want that to pay off for the USA. Plus, AIG success is good for the entire nation. I don't want to see our dollars and talent go to Zurich or Italy. Congressman that have no business experience are grandstanding, I can understand that but this author is a joke!