AIG Financial Product Employees Accept Retention Pay Cuts By Paritosh Bansal | January 29, 2010 Email This Subscribe to Newsletter Email to a friend Facebook Tweet LinkedIn Print Article Article 2 Comments January 29, 2010 at 4:57 am Baxtor says: Like or Dislike: 0 0Most employees agreed to take 10% less, resulting in the payout going from $26M to $13M. I’m not a math major but I think the amount should be $23.4M. I hope it’s just a typo and not something they are trying to pass by us. Reply January 29, 2010 at 6:52 am Doctor J says: Like or Dislike: 0 0Baxtor, the payout isn’t $26m. What AIG wants back is $23m. $13m would mean the payouts are $130m. Reply Add a Comment Cancel reply Your email address will not be published. Required fields are marked * Name * Email * Comment ΔNotify me of comments via e-mail
Most employees agreed to take 10% less, resulting in the payout going from $26M to $13M. I’m not a math major but I think the amount should be $23.4M. I hope it’s just a typo and not something they are trying to pass by us.
Baxtor, the payout isn’t $26m. What AIG wants back is $23m. $13m would mean the payouts are $130m.