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

[mike <brokenkeyboard@xxxxxxxxx>]

"Also, there is always the option of firing the guy for cause, which
almost always negates the guaranteed payout."

Gee, what CAUSE could they possibly think of for firing these guys?
Certainly their performance has been, um, remarkable.

     Mike

On Tue, Mar 17, 2009 at 11:46 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? I’m now
> leaning towards the latter, especially after getting this from a friend who
> works at a hedge fund..._______________________________________________
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