We, the people own 80% of AIG. It is time to stop acting like babies, and start acting like owners. Billions of dollars flow through our company every month. The reality is that, in the first quarter of 2009, our company has either made or lost many billions of dollars. I have no idea which. I do know that the answer to that question matters about 10,000 times more than how much it paid in bonuses.

When management has to present quarterly results to Warren Buffet, do you think he tunes out HUGELY important things like revenue growth and net profit and operating income, and skips right down to page 382 to ask about bonus payments??? I don’t think so.

To give a different example, the government now owns a 36% stake in Citigroup. That company recently announced that it is estimating a profit of $8.3 billion in the first quarter. Be happy people: we own 36% of that profit — $3 billion for us! Just one company, and that is far, far, far, far more than the AIG bonuses being kicked around.

Stay focused on the important things.

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