Interesting Things Around the Internet
- Can you imagine living in a society in which having been raped can prevent you from getting medical care for years and years? If you’re in the United States, that’s the society you do live in.
That’s right. Rape is now a pre-existing condition.
- An insurance industry pollster is protested with song. It’s a creative approach, anyway, and one that’ll be hard for the insurance companies to demonize real effectively.
- Scumbags. Not just these five, but the company that continues to try to reward them.
Four of five managers in AIG’s Financial Products unit under the jurisdiction of pay master Kenneth Feinberg didn’t make good on pledges to return the retention bonuses as of August, Feinberg said in documents released yesterday. The fifth employee hadn’t made any promise, Feinberg said. The pay master rejected AIG’s proposal to pay the five executives a total of $13.2 million this year.
“The performance of AIG Financial Products has contributed significantly to the deterioration in AIG’s financial health,” Feinberg said. Compensation proposed by New York-based AIG for the staff doesn’t “adequately reflect the role of AIG Financial Products” in the decline of the insurer, he said.
- Speaking of all that, a few executives at bailed-out banks will see their pay cut. But it’s a drop in the bucket.
- Not the first time we’ve seen a story like this, but it still shocks: 500 applicants for one $13/hour job.
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