Insurance giant AIG to pay $165 million in bonuses »

Posted By Sludge-Guzzler 9 months, 3 weeks ago in News

WASHINGTON: American International Group is giving its executives tens of millions of dollars in new bonuses even though it received a taxpayer bailout of more than $170 billion dollars .

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Sludge-Guzzler

Commercial Pilot, Real Estate Appraiser, Home Inspector, Vietnam Vet, Politically Independent, Sludge drinker. "SLUDGE": Coffee so strong a spoon will stand up in the cup.

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    Sludge-Guzzler9 months, 3 weeks ago

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    Why is it that I'm not surprised?

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      tchef9 months, 3 weeks ago

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      What do we have to do to stop this constant bonus giving in companies that are hemorrhaging money! If I did my job like these people the only thing I would be handed is a pink slip.

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      jaern9 months, 3 weeks ago

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      "Treasury Secretary Timothy Geithner has asked that the company scale back future bonus payments where legally possible, an administration official said Saturday."

      Scale back where legally possible??? How about legally letting this company go the way of Bear Stearns.

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        jmopinion9 months, 3 weeks ago

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        No exceptions should be made. These fat cats should have to make exceptions just like the rest of us in this economy.

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        LegalBob9 months, 3 weeks ago

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        CNN story this morning says that AIG will not be doing this, at least not anywhere near that much.

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