Most of us are already aware of the financial conflict and therefore concerned about the tax dollars and the way they are being spent in the current market  . To be more precise  , we can feel the impact of the ongoing recession in our daily lives .  A recession that has started with reckless spending and miscalculations of giant companies like AIG to begin with .

Obama ‘s administration tried to step in and solve the problem in long term and prevent any future recessions . That was where the $ 787 billion bailout came into play .
Many business experts including Ali Velshi  expressed their concerns regarding this bailout by stating that $ 787 billion may not actually be enough to solve all the problems and it could merely increase the budget deficit and debt of our nation .

Despite all the worries concerning the bailout money and the fact that taxpayers should liquidate this money , people were somewhat relieved until they were informed  of AIG ‘s greedy attribute .

In March 2009 AIG revealed that they were paying out $165 million in executive bonuses. Total bonuses for the financial unit could reach $450 million and bonuses for the entire company could reach $1.2 billion .  

With foreclosure and unemployment rate so high this revelation was nothing less than a catastrophe simply because taxpayers no longer trust the government .

Imagine that you should pay your hard-earned money as tax so the executives in AIG can receive millions of dollars in bonuses and spend it on fancy cars and boats !!!

In this regard Senator Chuck Grassley said "I would suggest the first thing that would make me feel a little bit better toward them if they'd follow the Japanese example and come before the American people and take that deep bow and say, I'm sorry, and then either do one of two things: resign or go commit suicide."

To make things even more intolerable  I should mention that these bonus awarded executives are actually the ones whose actions contributed  to the financial crisis and recession !!! .

Senator Richard Shelby said "These people brought this on themselves. Now you're rewarding failure. A lot of these people should be fired, not awarded bonuses. This is horrible. It's outrageous."

Fortunately the AIG’s case is currently being investigated in 20 states and Liddy and other executives are to appear in court of law and bring with them "original or copies of documents regarding the AIG Financial Products Corp. retention bonus plan and any related contracts or agreements." If things go right AIG’s executives will be forced to pay all the money back  .  The court appearing is scheduled on Thursday .