Re: [Pen-l] AIG: screw the contracts

To: Progressive Economics <pen-l@xxxxxxxxxxxxxxxxxx>
Subject: Re: [Pen-l] AIG: screw the contracts
From: raghu <mraghu01@xxxxxxxxx>
Date: Tue, 17 Mar 2009 08:22:41 -0800
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On Tue, Mar 17, 2009 at 7:46 AM, Doug Henwood <dhenwood@xxxxxxxxx> wrote:
> <http://doughenwood.wordpress.com/2009/03/17/those-aig-bonuses-how-to-break-the-contracts/>
>
> So Obama tells Geithner to do something, anything, to make sure the gov can
> get back the AIG bonuses. Who knows if this is real or a pose?


It is definitely posturing. My prediction is they will get part of the
bonuses back, and then say "see we are really tough". Meanwhile no one
is talking about clawing back 2007 bonuses which is what this affair
is *really* about.

But I wouldn't be too harsh on Obama. The man needs to pick his battles.
-raghu.


--
Never get into fights with ugly people, they have nothing to lose.
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- Re: [Pen-l] AIG: screw the contracts
  - From: Jim Devine

References:
- [Pen-l] AIG: screw the contracts
  - From: Doug Henwood

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Thread context:
- [Pen-l] food in the news!, Jim Devine Tue 17 Mar 2009, 17:08 GMT
- Re: [Pen-l] As capitalism stares into the abyss,was Marx right all along? ( Yes), Carrol Cox Tue 17 Mar 2009, 15:46 GMT
  - Re: [Pen-l] As capitalism stares into the abyss,was Marx right all along? ( Yes), Louis Proyect Tue 17 Mar 2009, 15:51 GMT
- [Pen-l] AIG: screw the contracts, Doug Henwood Tue 17 Mar 2009, 15:17 GMT
  - Re: [Pen-l] AIG: screw the contracts, raghu Tue 17 Mar 2009, 15:54 GMT
    - Re: [Pen-l] AIG: screw the contracts, Jim Devine Tue 17 Mar 2009, 16:13 GMT
      
      Re: [Pen-l] AIG: screw the contracts, Doug Henwood Tue 17 Mar 2009, 16:19 GMT
      
      Re: [Pen-l] AIG: screw the contracts, Max Sawicky Tue 17 Mar 2009, 16:50 GMT
  - Re: [Pen-l] AIG: screw the contracts, mike Tue 17 Mar 2009, 16:04 GMT

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