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LA Times had some front page story on this, today. The article's explanation was along the lines of how it would be more expensive to deny these "bonuses" and face the inevitable lawsuits (as they were contractually guaranteed), rather than simply to pay them out now. Additionally, those denied their bonuses might then jump ship, thereby making it impossible to unravel the mess that AIG is right now. So these people are vital to the righting of AIG's ship. A company too big to fail, run by individuals too vital to terminate. How's that for job security?
Sickening, isn't it?
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1987 Venetian Blue (looks like grey) 930 Coupe
1990 Black 964 C2 Targa
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