ya they legal way ... pass a law telling aig to pass out bonuses in accordance with signed contracts....wich they do ....then pass a law after the fact taxing 90% of the bonus....
but who gives a fuck these people are rich and deserve it.....
betcha it goes all the way to scotus.....
The law did not tell them to give the bonuses so there is your first mistake.
By taxing it we recover it without breaking the contracts.
Its not about how much they have its about they dont deserve to be bailed out for fucking the company up with their leadership. If we didnt give AIG money they would not have goten the bounuses anyway.
the law clearly stated that bonus under contract were allowed to be paid....which means dodd timmy and dark bush wanted the contractual obligation honoured....and it was......
by passing a law target a specific group of people you are violating the us constituion....
how do you know the people that got the bonuses were the ones that fucked things....did it occur to you that maybe these were the ones that stopped it form getting worse.....
i completely agree....let them keep the money cut off any remaining funds and tell aig to go fuck itself......but something bigger is at play here......it is either sheer stupidity of a very shrewed economic play......i am going with stupidity.....