AIG Executives’ Pay Trimmed for Missing Profit Goals

By and | March 30, 2016

  • March 30, 2016 at 9:49 am
    Yogi Polar Berra says:
    Hot debate. What do you think?
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    Bernie followers will still say their lower pay is a criminal violation, or some such hyperbolic term. But if their bonus reductions are large enough, they’ll fall out of the top 1% and won’t be targeted by the ‘Sandernistas’. :)

    • March 30, 2016 at 2:13 pm
      Agent says:
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      Yogi, the Sandernistas want to level the playing field and all executives and employees should make the same thing, perhaps $50,000?

      • March 30, 2016 at 8:39 pm
        Don't Call Me Shirley says:
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        That is an outright lie, and you know it. Typical conservative liar. Nobody is suggesting that everyone should get the same pay. It’s funny how you conservatives want to take us back the 1950’s, but when it comes to pay disparity you don’t think so. Back in “the good old days” CEO’s made about 20-50 times the average salary. So I guess your parents were Sandernistas?

  • March 30, 2016 at 2:26 pm
    Dave says:
    Well-loved. Like or Dislike:
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    Despite being lowered, some pretty hefty payouts for executives of such a poorly performing company. Wish the bar was set this low for me.

    • March 31, 2016 at 10:15 am
      Agent says:
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      Dave, if Sanders were able to implement his 90% tax rate, an executive making $1million per year would net $100,000 after taxes. An employee making a base of $100,000 would net $10,000. That free stuff is sure expensive, isn’t it?

  • March 30, 2016 at 5:21 pm
    mhutch69 says:
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    Why would anyone except a child under 16 years old even consider what Sanders is promising as realistic?

    If Republicans lost the Senate, he would still not pass any type of legislation he has promised voters. His total “free” stuff equals over $18 trillion so I would assume Federal Tax rates will return to levels of 80%+ similar to a former hero of Burnboy named Carter.

    • March 31, 2016 at 8:43 am
      Ron says:
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      mhutch69,

      Why would anyone except a child under 16 years old even consider what Donald Trump, Ted Cruz or Hillary Clinton are promising as realistic?

  • March 31, 2016 at 8:03 am
    KevoEast says:
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    Dave is right on point. I know of some lower level employees affected by a “RIF” (reduction in force); and know there is quite a bit of “leakage” from a claims perspective. It would be nice to see how the management hierarchy is now they supposedly cleaned house.



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