In today's NYT article about AIG bonuses I find this quote from Senator Corker (R-TN):
"I do think it’s important to know whether these are commission payments for products that brokers have sold, or whether this is, in fact, a bonus,” he said on “Fox News Sunday.” “And I think those are two very different things."
Hmm. That's the same Senator Corker who last December proposed that:
The automakers would also have been required to cut wages and benefits to match the average hourly wage and benefits of Nissan, Toyota and Honda employees based in the United States, and the companies would have to impose equivalent work rules.
So in Corker's mind contracts with white-collar insurance and financial products salesmen are inviolate, while contracts with blue-collar auto assembly line workers can be abrogated at will.
Nice to know where he stands.
Posted by Linkmeister at March 15, 2009 11:51 AM | TrackBack