This letter tells a lot. Mr. Liddy screwed his employees. He let Barney Frank and others defame these people. Liddy is a tool of Obama’s.
Did you see one puke GOP/RNC, or Republican official stand up for contracts?
GOP=pussy.
Backing down to Fwank, Cuomo, Obama.
Where’s Mr. Conservative, Mitt Romney, who made his money in investments? Nada, zip, zero.
Where’ Old Saigon Bomber McCain of the Straight Talk Express?
Where’s ex Fattie, Huck?
You guys miss the point...AIG is insolvent...living on taxpayer dime. Liddy should never have promised bonuses using taxpayer money. It’s just plain wrong. You can not reward an employee based on how he/she is doing in one division or whatever if the company is failing...this is what got Wall Street in trouble in the first place. Plenty of failing companies shelled out big bucks in salaries and bonuses;many went under (Lehman) or were bought out (Wachovia, Bear ) leaving the stockholders to pay the price. You can not divorce compensation from how a company is doing...the whole company not just one unit or division.
Liddy is a mole installed by the Obamanation to provide a diversion from real problems.