$2.4 Million
Total value of bonuses that have been withheld from dozens of senior managers at American International Group (AIG). The bonuses were due to be paid last month. AIG, which was rocked by scandal earlier this year when federal bailout money was used to pay bonuses to employees in the Financial Products unit, is working with Washington compensation czar Kenneth Feinberg on a number of issues surrounding the payments.
Was this article valuable?
Here are more articles you may enjoy.
Trump’s Repeal of Climate Rule Opens a ‘New Front’ for Litigation 
BMW Recalls Hundreds of Thousands of Cars Over Fire Risk 
‘Structural Shift’ Occurring in California Surplus Lines 
Nine-Month 2025 Results Show P/C Underwriting Gain Skyrocketed From This Issue
