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| Political Threads This section is for Political Threads - Enter at your own risk. If you say you don't want to see what someone posts - don't read it :hihi: |
03-16-2009, 09:18 AM
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#1
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sick of bluefish
Join Date: Aug 2003
Location: TEXAS
Posts: 8,672
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ok - lets do something really, really, really wacky, lets form our opinions based on something we lack - DETAILS!!
I want to know, how many exempt (people who dont get paid overtime) employees with a salary less than 100K got bonuses? What was the average percentage of their base salary?
How many making more than 100k got bonuses, what was their percentage of pay?
How much of the bonuses were paid to sales? Admin? Technology?
Lets know who got this money before throwing stones. Some IT guy working 60 hours a week, making 70k a year and getting no overtime, deserves a bonus in my book.
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making s-b.com a kinder, gentler place for all 
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03-17-2009, 06:46 AM
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#2
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Registered User
Join Date: Nov 2003
Location: RI
Posts: 21,503
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Quote:
Originally Posted by RIJIMMY
Lets know who got this money before throwing stones. Some IT guy working 60 hours a week, making 70k a year and getting no overtime, deserves a bonus in my book.
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Yea, the IT staff has a contractually binding bonus agreement 
Good one.
From what I hear these were the folks managing the credit default swaps at the center of this mess.
-spence |
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03-17-2009, 08:00 AM
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#3
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sick of bluefish
Join Date: Aug 2003
Location: TEXAS
Posts: 8,672
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Quote:
Originally Posted by spence
Yea, the IT staff has a contractually binding bonus agreement
Good one.
From what I hear these were the folks managing the credit default swaps at the center of this mess.
-spence |
"from what I hear" is from a media too stupid to ask the right questions.
I'm not sure what contreactually binding means in this scenario, but I bet there are divisions of AIG that are profitable and I bet IT and Admin people have an offer letter that stipulates a bonus payout. That could be a legal mess. |
making s-b.com a kinder, gentler place for all
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03-17-2009, 07:06 AM
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#4
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Registered User
Join Date: Feb 2009
Location: Mansfield, MA
Posts: 106
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Quote:
Originally Posted by RIJIMMY
ok - lets do something really, really, really wacky, lets form our opinions based on something we lack - DETAILS!!
I want to know, how many exempt (people who dont get paid overtime) employees with a salary less than 100K got bonuses? What was the average percentage of their base salary?
How many making more than 100k got bonuses, what was their percentage of pay?
How much of the bonuses were paid to sales? Admin? Technology?
Lets know who got this money before throwing stones. Some IT guy working 60 hours a week, making 70k a year and getting no overtime, deserves a bonus in my book.
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It doesn't matter who what when where or why....they were bailed out! The alternative is that your character loses his job...sometimes sacrifice is required, another thing people can't fathom... |
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03-17-2009, 07:34 AM
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#5
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Also known as OAK
Join Date: Apr 2003
Location: Westlery, RI
Posts: 10,422
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Well; we own 80% of AIG, right? then give them 20% of the bonuses.
I think the ball was dropped that this wasn't stipulated in the original deal.
On the other hand, it is 170Mil out of 175Bil, or there abouts, right? So it is ~0.1% of the total AIG bailout....
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Bryan
Originally Posted by #^&#^&#^&#^&#^&#^&#^&#^&#^&#^&#^&
"For once I agree with Spence. UGH. I just hope I don't get the urge to go start buying armani suits to wear in my shop"
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03-17-2009, 07:56 AM
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#6
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BigFish Bait Co.
Join Date: Apr 2003
Location: Hanover
Posts: 23,392
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Why is there no Government oversight as to how this money is spent???? Why???? Why????  |
Almost time to get our fish on!!! 
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