A.I.G. Revenge Is All the Rage, but It Isn't Healthy

A.I.G. Revenge Is All the Rage, but It Isn't Healthy

www.nytimes.com

YOU are not a lawbreaker. You obey the speed limit, are honest on your tax return and clean up after your dog. But suddenly, when it comes to certain Wall Street executives, you find yourself experiencing a new emotion: you are having elaborate revenge fantasies.

There is something a little scary about all this rage — and not just to those who are on the receiving end, some of whom have hired security.

(visit the link for the full news article)

Public anger's manifestation into violence is nothing new. I agree that we all harbor fantasies that these "rich". "corrupt" people should be penalized in some way.

While most of the country is reeling under recession, job losses and a weak economy, it is indeed a source of anger-these AIG bonuses. The question is, Is media responsible for creating this ire in public? What are the correct channels or mediums for the pubic to display their anger

Saw some photos of the houses of top AIG executives in Connecticut today. They seem to live like kings!

www.nytimes.com
(visit the link for the full news article)

[edit on 22-3-2009 by sunny_2008ny]

reply to post by sunny_2008ny


Media is not to blame. The crooked execs are to blame! The media is only reporting on the situation.

I think it is sad that some people have a lynch mob mentality over this.

I have no problem with people protesting, in a peaceful manner, but it's quite sick that some of these execs or employees are getting death threats. That type of revenge is completely not called for, and is worse than these companies ripping us off. I hope anyone that threatens these people by taking the law into their own hands, gets prosecuted to the fullest extent of the law! I mean it's silly! People in this country are worried about outside terrorism, yet some are acting as terrorists in their own country by making threats. Ridiculous!

reply to post by Blanca Rose

I think it is sad that some people have a lynch mob mentality over this.

If you lost your home after it turned out all of your stocks in AIG you depended upon for financial security were in fact worthless because of the company's disastrous loaning practices you'd be feeling very differently right now.

It's all well and good to sit back from a privileged position and look down at people who've been screwed over by this incompetent, irresponsible organisation and laugh at them like mere animals, but put yourself in their shoes.

but it's quite sick that some of these execs or employees are getting death threats. That type of revenge is completely not called for, and is worse than these companies ripping us off. I hope anyone that threatens these people by taking the law into their own hands, gets prosecuted to the fullest extent of the law!

Right.

The CEO's of AIG get $150 million dollars in bonuses for running the company into the ground on their watch with our 401K's, but people calling for some form of justice against them need to be prosecuted?

A death threat is just that. A threat. Please tone down the sensationalism.

People in this country are worried about outside terrorism, yet some are acting as terrorists in their own country by making threats. Ridiculous!

You do realise it's within AIG's best interests right now to promote themselves as being the unfair targets of a lynch mob "mentality" so people will perhaps see them in a different light and it'll take some of the pressure of them being directly responsible for the current recession.

With AIG instigating the worst financial crisis in modern history recently, I wouldn't take anything they claim about receiving "death threats" too seriously.

And if they did? Let them have their medicine.

Because justice it seems, is certainly not going to be delivered to the men and banking institutions who hold our government hostage.

If the Gov't should have let AIG fail and then salvaged it's assets. Then create a bill to invest tax dollars into rewriting mortgages, insuring more traditional, and certainly not exotic insurance policy holders in AIG or speculative investing.

The jobs created could help the now unemployed AIG personnel and the executives responsible for it's failure could seek employment like anyone else who lost a job.

No bonuses, no percs, no remodels, no bail outs.

Reality no longer exists in Wa.

Originally posted by Blanca Rose
reply to post by sunny_2008ny

 

Media is not to blame. The crooked execs are to blame! The media is only reporting on the situation.

I think it is sad that some people have a lynch mob mentality over this.

I have no problem with people protesting, in a peaceful manner, but it's quite sick that some of these execs or employees are getting death threats. That type of revenge is completely not called for, and is worse than these companies ripping us off. I hope anyone that threatens these people by taking the law into their own hands, gets prosecuted to the fullest extent of the law! I mean it's silly! People in this country are worried about outside terrorism, yet some are acting as terrorists in their own country by making threats. Ridiculous!

Well what do you think economic terrorism is?

That is what I hold Obama and the rest of them in Congress and the senate accountable for. The banks? The Banks did just what I expected them to do and continue to do. That's what banks have ALWAYS done.

Our Politicians, every single last one of them our the peoples enemy and the media, I don't listen to a word they say anymore after the way they manipulated the last election with such a BIAS.

They vilify banks in the name of unbridaled capitalism as the enemy while they push their socialist agenda where everyone is equal.

Yeah, we will all be equally

POOR

Originally posted by Blanca Rose

I have no problem with people protesting, in a peaceful manner, but it's quite sick that some of these execs or employees are getting death threats. That type of revenge is completely not called for, and is worse than these companies ripping us off.

People in this country are worried about outside terrorism, yet some are acting as terrorists in their own country by making threats. Ridiculous!

Well these execs made their golden feather beds let them sleep in them. If you do bad deeds that puts your life or your family's in danger you have nobody to blame, but yourself.

The only terrorists I see are the economic terrorist and I won't take part in coddling or protecting them. Let them take their money and go hide somewhere else.

Originally posted by The Godfather of Conspira

If you lost your home after it turned out all of your stocks in AIG you depended upon for financial security were in fact worthless because of the company's disastrous loaning practices you'd be feeling very differently right now.

That is called putting all your eggs in one basket, and exactly why I don't choose to GAMBLE in the stock market. People who are losing their homes have to take some personal responsibilty for getting themselves into a home they might not be able to afford at some point. People can lose their homes for a variety of reasons, like illness, disasters, etc. Nobody has complete job security anywhere, and to think one does is sort of irresponsible. I'm not defending these people, they should lose their jobs also, and be ordered to pay restituion. Still, they do not deserve death threats, nobody does. Let the legal system take care of them. It might be slow in coming, but if people protest in a civil manner, the powers that be might be more likely to respond to doing something, rather than be forced to do something because some jerk has threatened to kill these people.

It's all well and good to sit back from a privileged position and look down at people who've been screwed over by this incompetent, irresponsible organisation and laugh at them like mere animals, but put yourself in their shoes.

Are you serious? I lost a home due to a natural disaster in 2005. I chose not to rebuild it because I couldn't afford to rebuild it and pay back the interest on any government money that I would have received, and my insurance did not cover the cost of rebuilding alone. It would have cost me quite a bit more to restore it to the way it was, so I chose not to. I did not want to put myself into a financial bind. My home was paid for when this disaster happened.

Right.

The CEO's of AIG get $150 million dollars in bonuses for running the company into the ground on their watch with our 401K's, but people calling for some form of justice against them need to be prosecuted?

A death threat is just that. A threat. Please tone down the sensationalism.

A death threat could have come from people who intend more than the death threat. Sorry, but there are a lot of nuts out there who might just follow through. These people deserve to be in prison, but a death threat is not called for. If somebody in your house got an anonymous death threat, wouldn't you take it seriously?

You do realise it's within AIG's best interests right now to promote themselves as being the unfair targets of a lynch mob "mentality" so people will perhaps see them in a different light and it'll take some of the pressure of them being directly responsible for the current recession.

No, it's not in their best interests, the way I view it. A death threat is just what it is, a death threat, whether serious or not, and how do you know somebody won't actually act on a threat? It does not deflect from their responsibilities for the current situation the country is in. If anything, it grabs the attention of more people to realise how serious the situation is.

With AIG instigating the worst financial crisis in modern history recently, I wouldn't take anything they claim about receiving "death threats" too seriously.

And if they did? Let them have their medicine.

If they are American citizens, they deserve to have the same rights as anyone else. They deserve to be punished for their crimes in a court of law, just as any other crimal does, by a jury of their peers.

Because justice it seems, is certainly not going to be delivered to the men and banking institutions who hold our government hostage.

Just because you are not seeing instant gratification of these people having to be held responsible, doesn't mean it won't happen. Even murder trials can go on for quite a lenght of time. In this case, I am sure there are people investigating evidence that goes back a long time before something can be done.

edit to fix quote

[edit on 22-3-2009 by Blanca Rose]

Originally posted by Aermacchi


Well what do you think economic terrorism is?

Even terrorist deserve a fair trial.

That is what I hold Obama and the rest of them in Congress and the senate accountable for. The banks? The Banks did just what I expected them to do and continue to do. That's what banks have ALWAYS done.

Our Politicians, every single last one of them our the peoples enemy and the media, I don't listen to a word they say anymore after the way they manipulated the last election with such a BIAS.

Uh, ok, everyone is in business to make money. If these people are making obscene amounts, and it is proven to be so, they need to be made to pay for their through the legal system, not by lynch mobs.

They vilify banks in the name of unbridaled capitalism as the enemy while they push their socialist agenda where everyone is equal.

Yeah, we will all be equally

POOR

And what are you doing about this to make sure it doesn't happen? That these people are forced to be held accountable? If enough people protest in a peaceful manner, something will be done. you aren't actually defending a person who has made a death threat are you?

edit to fix quotes

[edit on 22-3-2009 by Blanca Rose]

[edit on 22-3-2009 by Blanca Rose]

[edit on 22-3-2009 by Blanca Rose]

Originally posted by verylowfrequency

Well these execs made their golden feather beds let them sleep in them. If you do bad deeds that puts your life or your family's in danger you have nobody to blame, but yourself.

The only terrorists I see are the economic terrorist and I won't take part in coddling or protecting them. Let them take their money and go hide somewhere else.

This is what I am talking about in regards to a mob mentality. If you did something wrong, like kill a person while drunk driving, you would be held responsible, and face a trial. If somebody made a death threat towards you because of the death, they would be have to go through a trial also, if they were caught.

Are you saying that if one of these people have a 2 year old, and that 2 year old is subjected to a death threat from the actions of their parents, that it is ok?

Who died and made you judge and jury?

This logic will only lead to chaos. Nobody is asking you to coddle anyone. I think you should be using some common sense though.

Originally posted by Blanca Rose

Originally posted by Aermacchi


Well what do you think economic terrorism is?

Even terrorist deserve a fair trial.

That is what I hold Obama and the rest of them in Congress and the senate accountable for. The banks? The Banks did just what I expected them to do and continue to do. That's what banks have ALWAYS done.

Our Politicians, every single last one of them our the peoples enemy and the media, I don't listen to a word they say anymore after the way they manipulated the last election with such a BIAS.

Uh, ok, everyone is in business to make money. If these people are making obscene amounts, and it is proven to be so, they need to be made to pay for their through the legal system, not by lynch mobs.

They vilify banks in the name of unbridaled capitalism as the enemy while they push their socialist agenda where everyone is equal.

Yeah, we will all be equally

POOR

And what are you doing about this to make sure it doesn't happen? That these people are forced to be held accountable? If enough people protest in a peaceful manner, something will be done. you aren't actually defending a person who has made a death threat are you?

edit to fix quotes

[edit on 22-3-2009 by Blanca Rose]

[edit on 22-3-2009 by Blanca Rose]

[edit on 22-3-2009 by Blanca Rose]

I never said they don't deserve a trial and I am active in a grass roots effort to re-elect no one.

Originally posted by Blanca Rose
reply to post by sunny_2008ny

 

I think it is sad that some people have a lynch mob mentality over this.

Pffft, tell that to the people who have suffered due to the inpet decisions of such people. Tell that to th the people with nothing.

I think it's sad when people like you make sweeping generalisations without really knowing what you're talking about.

reply to post by Blanca Rose


Can you even imagine the amount of "2 year olds" families these people have

destroyed ON PURPOSE in the name of GREED

PLAIN UNIDULTERED GREED

why bleeding hearts want to feel sorry for them just B gles

my mind

reply to post by Seany


No one says that you have to feel sorry for them, in fact, you shouldn't, but that we must follow the rule of law in dealing with them. They should be punished, but we cannot eviscerate the principles upon which this country was founded in order to do it. This rush to seek revenge against these people is every bit as dangerous to our nation as their misdeeds were in the first place. If we allow this mob mentality to go forward, it says that our laws regarding a fair trial and subsequent punishment of those found guilty are not worth the paper they are written on.

[edit on 22-3-2009 by vor78]

I disagree with the idea that the media is not to blame.

It is their consumers specifically that constitute the 'mob' and the 'mentality' the mob displays was put there by the media itself. They constantly focus, highlight, and repackage the news to maintain it's attractiveness to the 'consumer' mob.

How many morons out there are actually angry at the branch manager who isn't much more than a super-clerk anymore. You think they want to lynch the custodial engineer? Do you actually believe the contention that some 25-year old accountant from receiving or a 40-year old administrative assistant from HR weren't just as ripped of as the rest of the tax-paying public?

Please. This is propaganda, purposefully created for the purpose of legitimizing a release of pressure on the 300 or 400 executives who nudge-nudged, and wink-winked their way to undeserved prosperity, obscenely equating it with the "American" dream... and damned the rest.

The media is NOT for the purpose of informing, its purpose is for social engineering and consumer fertilizer..., I believe they call it 'entertainment.'

There are those who know that a mob is the ultimate 'consumer'.

The AIG bonuses are up to over 200 million now, and no one puts it into perspective with the new strategy "the federal bubble' - which makes the Fed-owned "Federal" government the largest financial 'tool' in history.

I was mad at the concept, I don't think the media made me mad.

Funny how so many people live extravagant lives in Connecticut when so many people don't have jobs, are being foreclosed, the schools suck, and people are unhappy...

Originally posted by vor78
reply to post by Seany

 

No one says that you have to feel sorry for them, in fact, you shouldn't, but that we must follow the rule of law in dealing with them. They should be punished, but we cannot eviscerate the principles upon which this country was founded in order to do it. This rush to seek revenge against these people is every bit as dangerous to our nation as their misdeeds were in the first place. If we allow this mob mentality to go forward, it says that our laws regarding a fair trial and subsequent punishment of those found guilty are not worth the paper they are written on.

[edit on 22-3-2009 by vor78]

you know , I agree with EVERY word you said

What steams me, and should steam you

Is that these people will not step into a courtroom

Will not face a 12 of their peers

They will slowly drift away into the shadows as another distraction
engulfs us

And their legacy of GREED and DISTRUCTION will affect

innocent hard working families for decades

reply to post by Seany


You're right, they likely won't. They actually haven't done anything illegal, just incredibly immoral. Unfortunately, we the people have little recourse in this case. We got screwed...hard. The only thing we can do is ensure that it never happens again. No more bailouts.

The real culprits here? The Federal government. They're the ones who have allowed this to happen, they gave them the money with no oversight and they're the ones who ultimately need to be held accountable on the next election day.

reply to post by vor78


I starrred your posts

Sorry for seeming angry at any on the site

typed words are hard to convey emotions, and no negatives were intended
at previous posters, its just frustrating

I have only seen the MSM interview people who are upset with AIG only. Like the people on the bus that went to the homes of the upper management. How come the bus did not go to the homes of congress? It seems some members of congress knew about the bouns money when the bill was in the works. It is the GOVT who is wasting our money with out regards of the lasting effects. The outrage has been re directed from the congress and the administration. We the people are being manipulated and it is making me angry.