Money Waste Remix 2010

Do my eyes deceive me or is this a repeat of last year's deception? I am referring to insurance giant AIG and its financial fiasco from last year. Seems that AIG got itself it a bind and had to rely on a handout/bailout from good old Unky Sam to stay afloat, and how did they spend the money they got from us the basic American Taxpayer, did they use it to pay the bills or settle claims or shore up their company? They blew it on parties and bonuses for their employees! What? They didn't? They sure did! After the story broke and after much public apologizing for squandering our money promised to not do anything like this again. Well guess what folks they did again! They are again getting ready to pay out over $100 Million in bonuses to employees both former and current in their struggling Financial Products Division. This is the same area of the company that is dragging down the rest of AIG and the same division that they had agreed to either sell off or shutdown, yet here it is 1 year later and they are still at it. Hmmm, if this division is so unproductive and is bleeding money then how can they justify paying bonuses on losses. Must be that tricky new math! To read more click here. I don't know about you but shouldn't we be asking them for a handout instead of them begging from us, or heck maybe they can show us how to panhandle and live off the government! As a policy holder I am cancelling my coverage with them and going to someone else!