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AIG Bombshells: $1.2B in Bonuses, Over $100B Paid to Goldman
Anonymous
Posted: Saturday, August 13, 2011

Posted: 3/16/2009 1:03:41 PM

By: David Marchant

Re. "AIG CEO Edward Liddy says "the firm's hands are tied" because those bonus payments are "contractual commitments"; apparently, both he and regulators fear the fallout of trying to abrogate contracts, which may be legally binding but were signed before AIG became a ward of the state."

Well, re-negotiate the contracts then moron.

David Marchant


Internal Administrator
Posted: Saturday, August 13, 2011
Joined: 10/12/2010
Posts: 5780


Posted: 3/16/2009 12:52:33 PM

By: AIG Observer

AIG was lambasted as disclosures of its $1.2 billion bonus pool came to light. About $450 million of the bonuses were planned for employees of its financial services unit, the rogue hedge fund insider the insurer, which lost $40.5 billion later year.

http://finance.yahoo.com/tech-ticker/article/208786/AIG-Bombshells-1.2B-in-Bonuses-Over-100B-Paid-to-Goldman-Other-Banks?tickers=AIG,GS,C,BAC,DB,BCS,XLF


Anonymous
Posted: Saturday, August 13, 2011

Posted: 3/17/2009 3:51:11 PM

By: Emergency Bonus

"US$180 Billion in "emergency" funding for a company...that's maintaining their US$160 million dollar bonus scheme for the department that caused the emergency?"

http://www.sovereignsociety.com/2009Archives1stHalf/031609SeeingtheForestfortheTrees/tabid/5446/Default.aspx


Anonymous
Posted: Saturday, August 13, 2011

Posted: 3/17/2009 10:27:59 AM

By: Give it up

Dodd suggests tax to recoup AIG bonuses

Sen. Christopher Dodd on Monday suggested a tax provision to recoup the bonuses for executives of ailing insurance giant AIG.

http://edition.cnn.com/2009/POLITICS/03/17/aig.bonuses/


Anonymous
Posted: Saturday, August 13, 2011

Posted: 3/17/2009 7:41:00 AM

By: AIG Bonus

How to Not Pay the AIG Bonuses:

http://seekingalpha.com/article/126230-how-to-not-pay-the-aig-bonuses


 

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