ME's Political Rant: AIG asks execs to return bonuses

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Wednesday, March 18, 2009

AIG asks execs to return bonuses

This morning's word...

AIG asks execs to return bonuses - Mar. 18, 2009: "Liddy, saying he knew the public's patience is 'wearing thin,' said some employees have decided on their own to return their entire bonus to the company.

'It was distasteful to make these payments,' Liddy told members of the House Financial Services subcommittee. 'This morning, I've asked the employees of AIG Financial Products to step up and do the right thing. Specifically, I've asked those who received retention payments in excess of $100,000 or more to return at least half of those payments.'"

Labels: AIG, Congress, Financial_Crisis

Wednesday, March 18, 2009

AIG asks execs to return bonuses

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