Veteran Employment Attorney Defends AIG Bonuses

Carolyn Plump, who chairs the labor and employment practice at Mitts Milavec, said the lawyer in her can't sit by and watch AIG get trashed for actions it may have legally been required to take. She discusses the AIG bonus scandal, Congress' response and, in her opinion, the legal profession's duty to preserve the sanctity of the contract. True, the bonuses are offensive and maddening to the taxpayer bailing out a corporate giant, but there may have been legally binding contracts at issue, Plump says.