InvestorsHub Logo
icon url

woofer

05/15/09 1:37 PM

#2350 RE: jbog #2349

Why would I even give a second thought to AIG's Trival Bonus's?

Why? Because you're an _____________.

The latest AIG bonus round:

Cuomo Details Million-Dollar Bonuses at A.I.G.

Published: March 17, 2009
Seventy-three employees were paid more than $1 million in the latest bonuses at the insurance giant American International Group, according to the New York attorney general, Andrew M. Cuomo.

The attorney general provided new details on Tuesday about some of the $165 million in bonuses that A.I.G. paid out last week in a letter sent to Representative Barney Frank, the chairman of the House Committee on Financial Services.

“A.I.G. made more than 73 millionaires in the unit which lost so much money that it brought the firm to its knees, forcing a taxpayer bailout,” Mr. Cuomo wrote in the letter. “Something is deeply wrong with this outcome.”
http://www.nytimes.com/2009/03/18/business/18cuomo.html

Gotta go- will be back later on.