In all the hoopla about AIG the question of WHY these employees were given bonus contracts seems to be going unanswered.
Caught the end of an NPR piece this evening and learned something I hadn't heard before ~ that these bonus contracts were written last spring because the company still expected to get itself out of trouble and believed that the people who made the mess were the only ones who understood their dealings enough to correct them. The bonus contracts were meant to keep them from abandoning ship.
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