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To: bcsco

The UAW contracts were lawful also, but in return for the money...they have to be broken. Contracts are broken everyday as any lawyer can tell you. In fact AIG has been sued for breaking contracts previously.

The case in question came in 2003, when a fellow named Rob Feilbogen worked for AIG Trading. When AIG Trading was put under the control of AIG Financial Products — the very unit that just gave out $165 million in bonuses — Rob got a letter saying that the $1.3 million bonus he’d been promised by AIG Trading wasn’t going to happen.

Rob fought back. He was told to accept the new terms or resign. He kept fighting, and then got a letter from a company lawyer saying that he’d been terminated ”as a result of his decision to resign.” Rob sued, and the case was eventually settled out of court. But clearly, AIG didn’t always think that contract bonuses were inviolable. That only came when the dime was on the U.S. government.


51 posted on 03/25/2009 6:54:34 AM PDT by nyconse (When you buy something, make an investment in your country. Buy American or bye bye America)
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To: nyconse

If you wish to defend our government breaking a lawful public contract through an unconstitutional act (bill of attainder), then good for you. That tells me all I need to know.

Goodbye.


54 posted on 03/25/2009 6:59:05 AM PDT by bcsco (I'm a Constitution defender!)
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To: nyconse
"But clearly, AIG didn’t always think that contract bonuses were inviolable. That only came when the dime was on the U.S. government."

Thanks for the particular... Some folks don't understand that with these guy's a contract is not a contract. As you said, "...as any lawyer can tell you." Let's see, 2003, DeSantis might have been his boss. LOL!

66 posted on 03/25/2009 7:30:46 AM PDT by spunkets
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