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BREAKING NEWS: Obama seeks to block AIG bonuses

March 16, 2009 By AmberPaw 9 Comments

You don’t have to take my word for it, see and hear:  http://www.cnn.com/2009/POLITI…

Honest, I think President Obama was so outraged he was choking.  Looked like it to me.

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Filed Under: User Tagged With: aig, bonus, obama

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  1. amberpaw says

    March 16, 2009 at 2:29 pm

    http://www.nbc.com/Saturday_Ni…

    <

    p>I suppose we could also call this “Rham Emmanuel’s Dream.”

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  2. liveandletlive says

    March 16, 2009 at 4:14 pm

    I am so grateful that President Obama has the guts to stand up to these corporations.  

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    • peter-porcupine says

      March 16, 2009 at 7:27 pm

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      • amberpaw says

        March 16, 2009 at 7:31 pm

        …I subscribe to Massachusetts Lawyers Weekly and a number of legal feeds.

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        • peter-porcupine says

          March 16, 2009 at 7:42 pm

          HERE is a link to the WBZ story about the legal obligation to pay PAST bonus money, while negotiating the bonus money going forward.

          <

          p>I am not a lawyer, but a commission agreement for past performance might be enforceable.  It reads like Treasury doesn’t want to take it on.

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        • peter-porcupine says

          March 16, 2009 at 7:51 pm

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          • david says

            March 16, 2009 at 8:13 pm

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          • amberpaw says

            March 16, 2009 at 8:22 pm

            After all, if counsel can scare Obama and all the fury of citizens having their pockets picked by greedy derivative banksters, counsel earns it $950.00+ an hour.  If strong words keep the bosses dough in his pocket, guess there is more for hired guns, right?

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