The Washington Independent

Posts Tagged global economic crisis

Contracts Go Both Ways – AIG Should Turn Them Over

By | 03.18.09 | 6:21 am

The federal government’s answer to the furor over AIG’s payments of ridiculous multi-million dollar bonuses to the same executives who helped drive the company into the ground seems to be “we can’t break a contract.”

But what about what the executives promised to do under those employment contracts?  Surely those More…