American International Group, Inc. (AIG)

[makesumgravy]

NEW CEO'S SALARY
$3m PAID BY THE TAXPAYERS
$4m PAID BY STOCK HOLDERS "But", in all likelyhood it will be much more than this.

This is the shake up the Obama Admin was talking about?. It was understood that any public company would now have to get salaries passed by agreement through proxy from the stockholders. In particular those who have been bailed out by taxpayers should be at the top of the list.

Go figure just the $7m for a ?????????? 40hr work week or 160hr monthly or 1920 hours annually which in itself overextending their hours, so his paid hourly rate will be $3,645.00...........but again will probably be much much more.

This is a 100x more for what the avg earner makes in the US $36 an hour????? the Obama proposal.........In reality its more like $15 per hour...........with the economy being what it is??????