Created: Monday, 16 March 2009 07:03 Last Updated: Saturday, 13 October 2012 15:02 Written by The Diva Hits: 2749
[This was written by a dear Friend of mine, enjoy!]
Dear President Obama:
Today I read in the newspaper that AIG's lawyers claim that AIG is
legally obligated to pay those grotesque bonuses to its employees, in
effect, paying them with taxpayer dollars.
Mr. President, please do not believe this garbage! It's not true.
Whatever contracts AIG entered into with its employees regarding
bonuses, those contracts are invalid if their enforcement is contrary
to public policy. As a Harvard-trained lawyer, I know you know that the
courts have the power to declare void certain contractual provisions as
contrary to public policy.
Therefore, I expect your administration to stand up to AIG and tell
them in no uncertain terms that the taxpayer money given to them
requires that no bonuses be paid to any employees.
If AIG protests to you that they are legally obligated to pay those
bonuses, they are lying to you. I will put my credibility on the line
to prove it. I am an attorney with over 12 years in practice. I am
willing to volunteer my services, free of charge, to the cause of
proving in court that AIG is not legally obligated to paying any
bonuses for the reasons cited above. I know you have lawyers working
for you who are undoubtedly very talented and skilled, but I haven't
yet heard that your administration has rejected the notion that AIG is
obligated to pay these bonuses. From this, I must infer the possibility
that no one on your staff agrees with this assessment, and therefore
are unwilling to make this argument in court. If this is the case, then
please take advantage of my offer to argue this point on behalf of your
administration, at no cost to the taxpayers.
I think I speak for most if not all taxpayers in this country when I
say I am outraged and disgusted that taxpayer dollars are being used to
pay these disgusting bonuses to AIG employees. While I support the
taxpayer bailout of AIG, I do not in any way support the payout of
extravagant bonuses to AIG employees with taxpayer money. I find that
disgusting and reprehensible. I also find it shocking and offensive
that AIG would try to have the American public believe that the payout
of these revolting bonuses is legally required.
I voted for you in part because of your formidable intelligence. I
would be shocked and dismayed if you proved gullible enough to believe
the lie that AIG is trying to sell to your administration. Please do
all you can to fight AIG on this point, and feel free to utilize my
services if necessary.
Sincerely,
Sanford A. Toyen, Esq.
California State Bar # 177172
San Diego, CA