The Mudcat Café TM
Thread #119402 Message #2589479
Posted By: Ebbie
15-Mar-09 - 02:53 PM
Thread Name: BS: $100 million bonuses to AIG execs
Subject: RE: BS: $100 million bonuses to AIG execs
Hmmmm. It appears that my post disappeared. I posted a slightly smaller corrected figure, gnu. Came to a total of $220M. (165M plus 55M, I think)
"A white paper prepared by the company says that AIG is contractually obligated to pay a total of about $165 million of previously awarded "retention pay" to employees in this unit by Sunday, March 15. The document says that another $55 million in retention pay has already been distributed to about 400 AIG Finance Products employees."