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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: stockman_scott who wrote (190782)	3/15/2009 2:45:19 PM
From: geode00	Read Replies (1) \| Respond to of 306849

"But Summers also said that "you can't govern out of anger" and that the government doesn’t have the power to stop bonuses from being paid out under existing contracts. " OK Lar, show us the contracts. Let a bunch of lawyers (we have so many and many unemployed) look at the AIG employment contracts and see where there is an out on them. Honestly, this is why we should have let them all fail. Now a judge (or several) would be able to eliminate these obligations. Would employees be unsecured creditors?