AIG Mess: Executive Contracts
With outraged taxpayers reeling from AIG bonuses awarded to executives after a bailout, the question of executive contracts comes into play. Join Law.com blogger and co-host, Bob Ambrogi as he welcomes Franklin G. Snyder, Professor of Law at Texas Wesleyan University School of Law and editor-in-chief of ContractsProf Blog and Professor Deborah W. Post, the interim dean for Academic Affairs and Faculty Development at Touro Law Center, as they take a look at how the AIG case will provide precedent going forward and maybe even change the future of contracts.
Podcast: Play in new window | Download (Duration: 37:21 — 27.7MB)
More on the AIG Bonuses…
The furor over the AIG retention payments (a/k/a bonuses) has died down somewhat, perhaps because most of the executives involved have agreed to refund the bonuses, and perhaps because President Obama was less than enthusiastic in his support for the…..