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Tuesday, March 17, 2009

Aig retention bonuses


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aig retention bonuses

Commentary on current economic and financial news. How can you give cash compensation to an executive, yet claim it is not a salary or bonus?
AMERICAN International Group Inc, the insurer under fire for paying 168 executives not to quit after a government takeover, is giving retention awards to at least 2,000 more
Indeed there is such a thing called retention bonus. AIG just created 73 new millionaires by giving them retention bonuses. Isn't this time someone stand up and take some
NEW YORK â€" American International Group Inc. said it is paying retention bonuses as planned to employees in the unit that sold credit default swaps, the risky contracts that
Move comes one day after limit on salaries AIG to pay retention bonuses to executives. By Greg Farrell in New York Published: November 26 2008 23:41 | Last updated: November 26
From the taxpayer dollars at work department: Fresh off of receiving billions of dollars in taxpayer cash, American International Group, Inc. (NYSE: AIG ) has decided that it will
Nov. 26 (Bloomberg) -- American International Group Inc., the insurer that said yesterday it scrapped bonuses for top executives after a U.S. bailout, will still pay 130 managers
In order to get a giant honking bailout from Congress, AIG pledged it would give up executives annual bonuses, but guess what? They found a way to give them anyway . Instead, they
NEW YORK -- American International Group Inc. said it is paying retention bonuses as planned to employees in the unit that sold credit default swaps, the risky contracts that
By Hugh Son. Nov. 26 (Bloomberg) -- American International Group Inc., the insurer that said yesterday it scrapped bonuses for top executives after a U.S. bailout, will still pay

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