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Profit Motive at work here....
Bankrupt a company, get $165 million in bonuses. You guys sure are right when you say that keeping corporations in private hands give an incentive for people to work hard. I'd hate to see what would happen to such a fine corporation if it got nationalized and the workers started to slack off -- there would be no motivation for them to work hard anymore. This is surely a fine example of capitalism and profit motive!
http://www.nytimes.com/2009/03/15/bu.../15AIG.html?hp
A.I.G. Planning $165 Million in Bonuses After Huge Bailout
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my experience on X5world when I spend too much
time posting in political threads in the lounge...
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