Monday, March 23, 2009

Fifteen Of Top Twenty AIG Bonus Recipients Returned The Money


N.Y. Attorney General: 15 AIG Execs Agree to Return Bonuses (Fox News)

SHAMED: 15 Of Top 20 AIG Bonus Recipients Returned The Money, Says NY Attorney General Cuomo... Some Have Refused... Holdouts May End Up Being Publicly Named... Less Than Half The Bonuses Went To Americans (Huff Post)

Cuomo strong-armed AIG for details on the millions paid to dozens of executives. (Politico)

New York Attorney General Andrew Cuomo says that more than $30 million in bonus cash has been returned so far.  (CNN)

Cuomo Says Most Huge A.I.G. Bonuses Were Returned. (New York Times)

2 comments:

Clay Bowler said...

The government was going to get it back anyway. It had come to the point where the IRS's gun was pointed directly at these people. I am ashamed of what I saw take place in Congress and in the White House last week. We saw Saul Alinksy carried out perfectly.

RightKlik said...

With all the pressure, I guess I can't blame the execs for giving in, but I'd be inclined to take the government to court over it. I hope at least one of them does.