I keep asking myself if the bonuses would have been paid -- or been obligated -- had AIG been allowed to go into bankruptcy or even shut down. I think I know the answer, and that answer should determine what happens under what was essentially bankruptcy reorganization, with the government buying and administering the assets.
On Tue, Mar 17, 2009 at 7:23 PM, Peter Frederick <psf...@earthlink.net>wrote: > I love the argument that these bonuses were promised "by contract" -- what > about the fact that the company had to be rescued by the US government? I, > personally, would have reduced all salaries at all institutions taking the > money, either directly or as payment of contracts, to US GS rates as a > condition of bailing them out. No profits to anyone, no bonuses, not > dividends, nothing until all moneys repaid at interest, either. > > Peter > -------------- next part -------------- An HTML attachment was scrubbed... URL: <http://okiebenz.com/pipermail/mercedes_okiebenz.com/attachments/20090317/c02b03e0/attachment.html> _______________________________________ http://www.okiebenz.com For new and used parts go to www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
