What were They thinking?

There seems to be a ripple in the universe lately with the news that AIG gave out HUGE bonuses to employees, shortly AFTER receiving billions in bailout money from the U.S. Government. This in spite of constant hemmoraging by AIG within their balance sheets. Logic would dictate that this wouldn't be prudent, by any means, because naturally, people would become upset over the very idea -- how can Joe Six Pack, he of the unstable employment situation and house under threat of foreclosure, accept this TraviShamMockery? There is no disputing the fact that AIG management failed, yet again, to exhibit proper judgement in this instance, but then again, they ARE following the proviso's as set forth by the pre-bailout comp plans to their employees who met or exceeded their goals. This is an incentive-driven business, something that Wall Street is very sensitive to, something that Obama does not (nor seemingly care to) understand, and something that Tim Geitner has apparently forgotten after only having been removed from Fed Reserve of NY post just three months prior.
If anyone within AIG is to have their bonuses retracted, it should be the employees within the financial division who were so lax in their diligence so as to put the company in this predicament from the beginning. This is the consensus shared by most Wall Streeters and peers of the perpetrators. Obama and Geitner would be wise to re-think their populist hard-line drivel before they spout off about something they failed to understand or refused to associate themselves with, in the name of politics.
Memo to Congressmen who are currently spouting off their versions of "oh, the humanity" speeches regarding AIG bonuses: spare us your flow of illogic -- and where was this incredible display of concern 18 (or even 8) months ago when it was needed most? Welcome to the party, pal! And oh, by the way, when you grovel on your hands and knees next year, hat in hand, begging for political donations -- who the crap do you think will be in the better financial position to get you a donation: Joe Six Pack or Winthorp Wall Street? Good Luck with that.