Those AIG Retention Bonuses: dirty details

Are you freaking kidding me? Andrew Cuomo releases info in a letter to Barney Frank about those AIG bonuses for the brilliant noodniks in AIG's Financial Products division:

• The top recipient received more than $6.4 million;
• The top seven bonus recipients received more than $4 million each;
• The top ten bonus recipients received a combined $42 million;
• 22 individuals received bonuses of $2 million or more, and combined they
received more than $72 million;
• 73 individuals received bonuses of $1 million or more; and
• Eleven of the individuals who received 'retention' bonuses of $1 million
or more are no longer working at AIG, including one who received $4.6
million

Again, these payments were all made to individuals in the subsidiary whose performance led to crushing losses and the near failure of AIG. Thus, last week, AIG made more than 73
millionaires in the unit which lost so much money that it brought the firm to its knees, forcing taxpayer bailout. Something is deeply wrong with this outcome. I hope the Committee will address it head on."

Read more of this irritating stuff at HuffPo.