It’s been reported that the reasons AIG went ahead with the bonus distributions were due to contractual agreements. They say re-writing the contracts or not living up to the agreements would be more costly than going ahead with the distributions.
Now isn’t that a big bunch of you know what !!!
While under a union contract I was forced to take a 48% pay cut.
While under a union contract I was forced to take a reduction in medical benefits.
While under a union contract I was forced to take a reduced benefits package.
While under a union contract I will no longer have a retirement package.
While under a union contract job security language was thrown out.
While under a union contract shop rules were re-wrote.
This was all done with the stroke of a pen from a judge !!!
And now they want to convince me the same can’t be done to them !!!
Oh yea !!! Forgot to mention, bonuses were given out before, during, and after all this took place to my contract.
Yes, I'm mad as Hell !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!