Sure the AIG mess brings to light all the negative aspects of greed in American business. However, how about government? In New York State the strong Teacher's Union has established the equivalent of a 401k for them~it's titled 403(b). This is load free, no fees, if stock investments experience lost...as we know they did, the taxpayers will guarantee 4.25% earnings for the shortfall (higher rate in NYC). Free disability and life insurance rider that provides an annual disability benefit; free financial counseling through AYCO to a beneficiary in the event of death. No sales charges on any investment. No co-pays on health insurance. Insurance for the family at the same rate even after retirement ...for life.
Talk about the fleecing of America...it's abundantly clear in New York State.

If we put aside the blame, and get back to basics – a "bonus" is an incentive for doing something well. When a business needs billions of dollars to be "bailed out" – that clearly means things are NOT going well. Any company receiving bailout money has admitted they have failed – and failure should not be rewarded with bonuses of any kind. All bonus money should be returned immediately. We would all like financial incentives – why does the financial industry think they deserve special treatment? They are certainly not the smartest people around....