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AIG Pays Former CEO Sullivan a Severance Package Worth $47 Million
National News • July 1, 2008
American International Group Inc. said it paid a $47 million severance package to former Chief Executive Martin J. Sullivan, whose resignation took effect Tuesday.
Sullivan, who left his position ...
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| Subject | Posted By | Posted On |
|---|---|---|
| RE: RE: RE: RE: Capitalist games | KO | Sep 29, 2008, 6:24 am |
| RE: RE: RE: Capitalist games | LARRY LOGIC | Sep 22, 2008, 4:20 pm |
| RE: RE: Capitalist games | Brokette | Sep 22, 2008, 10:00 am |
| RE: Capitalist games | bobr | Sep 21, 2008, 6:52 pm |
| BAIL THEM OUT!!!!???!!! | KO | Sep 20, 2008, 1:20 pm |
| $$$$ | blonde | Jul 10, 2008, 4:04 pm |
| RE: Bad investments weren't Marty's fault. | Dan D. | Jul 8, 2008, 8:40 pm |
| Bad investments weren't Marty's fault. | JP | Jul 8, 2008, 12:23 pm |
| RE: RE: RE: RE: Curses on Sullivan | Dan D. | Jul 7, 2008, 7:48 pm |
| RE: RE: RE: Curses on Sullivan | wudchuck | Jul 7, 2008, 4:30 pm |
| RE: RE: RE: Curses on Sullivan | WARREN WEENIE | Jul 7, 2008, 4:04 pm |
| RE: RE: Curses on Sullivan | Scott | Jul 7, 2008, 11:33 am |
| RE: Market Conditions | Tilly | Jul 3, 2008, 4:35 pm |
| CEO pay scale | Dawn | Jul 3, 2008, 12:47 pm |
| RE: Curses on Sullivan | Dan D. | Jul 3, 2008, 12:24 pm |
| RE: RE: RE: Such drama | Cometalia | Jul 3, 2008, 12:19 pm |
| RE: RE: Such drama | Brokette | Jul 3, 2008, 10:33 am |
| Curses on Sullivan | Black Magic Woman | Jul 3, 2008, 9:50 am |
| RE: Such drama | Not My American Way | Jul 3, 2008, 9:47 am |
| RE: The Dirty Little Secret | Bill | Jul 3, 2008, 9:11 am |
| RE: Such drama | LARRY LOGIC | Jul 2, 2008, 7:00 pm |
| Such drama | Jeff the Cynic | Jul 2, 2008, 4:55 pm |
| RE: I don't get it | Dan D. | Jul 2, 2008, 2:57 pm |
| RE: RE: Right. Bonus for failure. | Ex-AIG Customer | Jul 2, 2008, 2:32 pm |
| Market Conditions | Worker Bee | Jul 2, 2008, 2:29 pm |
| AIG Bonus Package | tsntyler | Jul 2, 2008, 2:25 pm |
| RE: RE: AIG Bonus Package | CSP | Jul 2, 2008, 2:22 pm |
| RE: AIG Bonus Package | Mary | Jul 2, 2008, 2:20 pm |
| AIG Bonus Package | Donald D | Jul 2, 2008, 1:51 pm |
| The Dirty Little Secret | Dread | Jul 2, 2008, 1:49 pm |
| RE: Have the workers pay | Brokette | Jul 2, 2008, 1:26 pm |
| Have the workers pay | Mongoose | Jul 2, 2008, 1:23 pm |
| RE: Right. Bonus for failure. | Brokette | Jul 2, 2008, 1:03 pm |
| CEO | KAREN | Jul 2, 2008, 12:57 pm |
| I don't get it | Bob Johnson | Jul 2, 2008, 12:53 pm |
| Motley Cure | Mr. Obvious | Jul 2, 2008, 12:48 pm |
| Surprised? NO | Joe Blow | Jul 2, 2008, 8:29 am |
| RE: Right. Bonus for failure. | wudchuck | Jul 2, 2008, 8:21 am |
| Right. Bonus for failure. | DDay | Jul 2, 2008, 5:46 am |
| Back to article | ||
Subject: I don't get it
The middle class is dwindling, they've seen declining wages, layoffs, etc. and some guy walks with $47 million.
What the heck do you need or intend to do with $47 million in one shot?
The average wage in this country (66.2 percentile in * year 2006) was around $37,500. I know we aren't to care what other people make but darn, it just seems to get screwier and screwier as years pass.
I am not sure if we are a capitalist nation anymore....more like a feudal system of Kings, Queens and surfs.
* 2006 was the last year for the government stats. http://www.ssa.gov/cgi-bin/netcomp.cgi?year=2006