From
CNN.com WASHINGTON (CNN) -- President Barack Obama said Monday he will attempt to block bonuses to executives at ailing insurance giant AIG, payments he described as an "outrage."
Maybe its in these people's employment contract?
In the letter to Geithner, Liddy said the unit's 25 highest-paid contract employees will reduce their salaries to $1 this year and all other officers in the unit will reduce their salaries by 10 percent. Other "non-cash compensation" will be reduced or eliminated. But he told Geithner that some bonus payments are binding legal obligations of the company, and "there are serious legal, as well as business consequences for not paying."
So you see, its us hard working people against these rich Wall Steet type. Class warfare! That is how democrats oppress people while smiling and telling them they 'got their sleeves rolled up and are working hard for you'. Open your eyes people! This is pure hypocrisy. "Do as I say, not as I do".
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