Lessee, the automakers had contracts too, with Unions. Had to re-negotiate them.

Current Events » in reply to Bailout Banker's Baffling Bogus Bonus

Bowser — 3/18/2009 6:08:11 PM (archived)

AIG, on the other hand doesn't have to renegotiate it's contracts. Can just give the money away. HAS to give the money away.

Tell me there isn't class warfare going on here.

Arf

The whole thread (24 posts)

Bailout Banker's Baffling Bogus Bonus - ER - 3/17/2009 4:31:56 PM
- Retention bonuses - TB - 3/19/2009 4:20:31 PM
  - re: Retention bonuses - ER - 3/19/2009 9:24:15 PM
- I disagree. When you are on welfare, you don't pass out millions to executives. - David F Mayer - 3/18/2009 8:30:22 PM
  - Mebbe so... - ER - 3/18/2009 9:16:53 PM
    - I repeat, the government has the right to void contracts. (n/t) - David F Mayer - 3/19/2009 2:34:23 AM
      - The government should not have the right to void other people's contracts that were legal when they were made. - ER - 3/19/2009 10:01:17 AM
        
        Actually, I'm enjoying the proposed solution - azstrummer - 3/19/2009 12:57:43 PM
- Lessee, the automakers had contracts too, with Unions. Had to re-negotiate them. - Bowser - 3/18/2009 6:08:11 PM
- The Dodd Amendment - TB - 3/18/2009 2:42:06 AM
  - Yeah, it was Dodd. - TB - 3/18/2009 11:58:00 PM
    - 'Strummer was right... - ER - 3/19/2009 12:22:36 PM
      - Dodd has been the Golden Boy of the financial industry for years. - TB - 3/19/2009 12:40:24 PM
        
        FALLING FOR THIS DOG AND PONY SHOW???? - ER - 3/19/2009 4:04:40 PM
- Bogus Explanation - Yea Yea Take The Money & Run - Marsby - 3/18/2009 12:12:09 AM
- Solution - The Special Financial Institution Bailout Bonus Tax Bracket! - z - 3/18/2009 12:09:12 AM
- I hate that I agree with you - azstrummer - 3/17/2009 9:21:52 PM
  - I hate that I agree with me. - ER - 3/17/2009 11:48:06 PM
    - "guillotine in 1789" lol! - z - 3/18/2009 12:02:11 AM
      - Nobody wins in a revolution. - ER - 3/18/2009 12:15:09 AM
        
        Revolutions are like labor strikes. - Bowser - 3/18/2009 2:59:10 AM
        
        the innocent are published? - ER - 3/18/2009 12:12:52 AM
- The employer may have a contractual obligation to include a bonus - z - 3/17/2009 7:21:51 PM
  - No employer hands out a bonus before the job's even started. - ER - 3/17/2009 11:33:55 PM

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