On Tue, Mar 17, 2009 at 7:46 AM, Doug Henwood <[email protected]> wrote:
> <http://doughenwood.wordpress.com/2009/03/17/those-aig-bonuses-how-to-break-the-contracts/>
>
> So Obama tells Geithner to do something, anything, to make sure the gov can
> get back the AIG bonuses. Who knows if this is real or a pose?


It is definitely posturing. My prediction is they will get part of the
bonuses back, and then say "see we are really tough". Meanwhile no one
is talking about clawing back 2007 bonuses which is what this affair
is *really* about.

But I wouldn't be too harsh on Obama. The man needs to pick his battles.
-raghu.


--
Never get into fights with ugly people, they have nothing to lose.
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