"AIG Is Obligated To Pay Bonuses? Bull!"
"The plaint that credit default swap-promulgating AIG (AIG) is contractually obligated to pay out millions in bonuses to the same pitted brass that led the company, the industry, and the entire economy off a cliff is a bunch of horse hooey. Any attorney who advises that these bonuses are appropriate ought to have his or her head checked. Base salary, maybe, if not outrageous. No bonus. No severance unless everybody else also received proportionate assistance. Don’t care what the contract says - attack it in bankruptcy or wind down - I saw it many times in the Silicon Valley meltdown."
http://information-security-resources.com/2009/03/16/aig-is-obligated-to-pay-bonuses-bull/
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Best Regards,
Anthony M. Freed
eFax 1-210-579-1109
YourMortgageOrYourLife.com
Information-Security-Resources.com
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