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A.I.G. Seeks U.S. Support for Bonuses

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2009-07-10nytimes.com

Seeking to avoid the public furor that erupted last spring, the American International Group has been quietly seeking approval from the new federal compensation czar to pay a total of $2.4 million dollars in bonuses to dozens of its senior executives.

Officials at the embattled insurance company, which has received more than $170 billion in taxpayer money, have sought meetings with Kenneth Feinberg, the pay czar, to review the payments for 40 of its highest ranking employees, according to individuals briefed on the matter.


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Comments:

MortgageDrummer at 01:13 2009-07-11 said:
XXXXXXXXXXXXXX:x :oops: :cry: :evil: :twisted: XXXXXXXXXXXXX [size=24:850f4756bf] """""WHAT???"""""[/size:850f4756bf]

[size=24:850f4756bf]""""""""Quietly????"""""""[/size:850f4756bf] Permalink

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