73 AIG Employees Got $1 Million Bonuses, Says New York AG Cuomo

By | March 18, 2009

  • March 18, 2009 at 12:16 pm
    art vandolay says:
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    Sneezy
    Sleepy
    Dopey
    Doc
    Happy
    Bashful
    Grumpy

    more to follow.

  • March 18, 2009 at 1:00 am
    Dread says:
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    Look around people, just about every large financial products division plays the same greedy, corrupt, and immoral game with these “bonuses”. I agree with all that paying bonuses to people who created the worse economic disaster in history have no business haveing a job much less a bonus.

    Attempting to explain them as “retention of good people” is pure bull. It’s an incestuous and insidious little scheme to make sure they get paid regardless of poor performance. The failed banks did the same thing. These arrogant fat cats think their entitled to preferential treatment. What the public needs is an organization to confront these kinds of abuse. It’s obvious the government is impotent.

  • March 18, 2009 at 1:18 am
    Cynic says:
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    C’mon now… We’re all just slightly jealous that we weren’t the ones working at AIGFP and getting these great bonues in a year that we’re all just a little thankful we still get to drive to work each morning. Afterall, Isn’t it great to be rewarded for screwing something up so much you make the government look smart? But wait there’s more… You get a big fat bonus. You get to keep your job becuase you are too valuable to be let go. But if your are really one of the lucky few you get a retention bonus and not have to work for the company any longer….. Isn’t that what a retention bonus is? To get someone to stay on the sinking ship? Arean’t all contacts null and void with the exit of employment? I think someone in HR may be wetting their pants….

  • March 18, 2009 at 2:28 am
    Jeff the Cynic says:
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    Hey Andy C., they were probably millionaires already!

    Isn’t this every senior exec’s dream? To screw up so big they have to buy you out for a King’s Ransom.

    Unfortunately, this is becoming a nightmare now that Art’s started naming names!

  • March 18, 2009 at 4:18 am
    wudchuck says:
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    um… um… it’s against what state law to pay bonuses? afterall, when does a state regulate a company for their own pay or contracts? NO! NO! NO!

    also, is cuomo afraid he missed out on being a millionaire? sounds like he is trying to fish for something for a re-election campaign. he thinks that he can show the people the he’s protecting their interests. sorry, but the fed’s gave the money and not the state! sounds like we need to change of state attorney. find something else to fight justice for.



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