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View Full Version : Did AIG execs have contracts for their bonuses?




Invalid
03-22-2009, 06:33 AM
Does anyone have any youtube videos on this?

slacker921
03-22-2009, 07:22 AM
Yes, and Liddy specifically said that they evaluated whether they could break the contracts and found that the cost of litigating and settling the broken contracts would be MORE than paying the bonuses. That's typically the way it works with corporate bonuses of that size.