2 ms·
So should we promise irresponsible homeowners a lump sum for a years' worth of their work and then at the end of the year not pay them?
by comatose_kid 18y ago
So should we promise irresponsible homeowners a lump sum for a years' worth of their work and then at the end of the year not pay them?
- ankhmoop 18y agoCompleting your analogy, I assume the entity responsible for hiring the homeowners has failed due to their own market failure, and government intervention has occurred solely (supposedly) for the purpose of preventing collapse of the world's financial markets?
- comatose_kid 18y agoMy exact point is - why would it matter? A contract is a contract. AIG isn't in bankruptcy, so shouldn't they honor commitments to their employees? Of course they can change compensation agreements going forward, but changing the rules for work that has been done is not right.