There were no contracts entered into by the taxpayers. Dodd's action, on behalf of the WH was a condition, not a contract, and that bogus condition is being corrected now.
The prohibition required under clause (i) shall not be construed to prohibit any bonus payment required to be paid pursuant to a written employment contract executed on or before February 11, 2009, as such valid employment contracts are determined by the Secretary [of the Treasury] or the designee of the Secretary.
The amendment as modified by the conference committee was included in the final recovery bill passed by Congress and signed by President Obama.
Spunkets, are you trying to set a record for how many times you can be wrong on one thread?
The stimulus bill is now a federal law, and so are all of its contents.
That’s not a condition or a correction.
It is law. The contracts are protected by the AIG bailout paperwork with the Treasury from Sept. 2008, State of Connecticut State Law, The Stimulus Bill,US Contract law and the US Constitution.
The only people as wrong as you is the Congress, one house of which just passed an unconstitutional bill of attainder against private citizens.