The Mudcat Café TM
Thread #119402   Message #2591470
Posted By: Bobert
17-Mar-09 - 09:27 PM
Thread Name: BS: $100 million bonuses to AIG execs
Subject: RE: BS: $100 million bonuses to AIG execs
Ya know, I was down in the belly of my old hotel doing plumbing all day but I had public radio on and it seems as if that is all that folks were talkin' about today...

Seems as if I have heard every opionion that is imaginable but the one that sticks out in my mind is about contracts... I'm not asyin' that these contratcs couldn't have been renegotiated but they are contarcts....

As much as I hate to see these rich crooks get away with this there is a rationality toto it in that the entire concept of contract law remains intack.... If folks think they can break contractual agreements then I think we are opening a can of worms that would cost US many times more then these crooks got away with...

Just food for thought... Okay, maybe not words that would be well received by the emotional, but words none the less...

B~