Tuesday, March 31, 2009

Employment Contracts Are Now Viewed as Rewritable - NYTimes.com

Employment Contracts Are Now Viewed as Rewritable - NYTimes.com: "The depth of the recession and the use of taxpayer dollars to bail out companies have made it politically acceptable for overseers to tinker with employment agreements.
So federal and local governments are looking for ways to pare payouts, endangering the promises made before the financial storm to people like Wall Street traders, automobile workers and garbage collectors."

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