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nakedcapitalism.com - 3/15/2009
A Token Reining in of AIG Bonuses (Banana Republic Watch)
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The kabuki continues. The story from the Washington Post on AIG bonuses would appear to represent a modest win for taxpayers: American International Group is doling out tens of million of dollars in bonuses this week to senior employees. While AIG agreed to pay the bonuses months before the ...
ft.com - 3/16/2009
FT.com / Companies / Insurance - AIG publishes counterparty list
— ft.com — caved in to political pressure Sunday and released a list of some of the financial counterparties that... benefited from its $160bn US government rescue, including some of Europe’s largest banks. The list’s publication came after weeks of mounting anger ... (more) FT.com / Companies / Insurance - AIG publishes ...

Comments vote down Calculated Risk found this 3/16/2009found this
US taxpayers: those AIG payments you wondered about...
capital-chronicle.com - 3/16/2009
US taxpayers: those AIG payments you wondered about...
— capital-chronicle.com — AIG have kindly released this document after putting the boot into the US taxpayer with its mind-boggling... announcement of huge retention and other bonuses . Course, it's really all for the public good explained Mr Edward Liddy, the group's CEO. According to Bloomberg he argued that such payments ... (more) US taxpayers: those AIG payments you wondered about...

Comments vote down Rover Rover found this 3/16/2009found this
online.wsj.com - 3/16/2009
AIG Faces Growing Wrath Over Payouts
— online.wsj.com — Troubled insurer American International Group Inc., now 80% owned by U.S. taxpayers, spent the weekend deflecting mounting... criticism of how government funds have been funneled to various banks and used to pay employee bonuses at the business unit ... (more) AIG Faces Growing Wrath Over Payouts

Comments vote down EconomPic found this 3/16/2009found this

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Abnormal Returns:  Sunday links: sucker’s rally?

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Sunday links: sucker’s rally?
Abnormal Returns — ... Business, Curious Capitalist, Crossing Wall Street, Ultimi Barbarorum, Will Wilkinson) Were Bernie Madoff’s victims entirely blameless?  (DealBook, Predictably Irrational, Big Picture) AIG bonuses continue apace despite Treasury opposition.  (WashingtonPost.com, naked capitalism, Atlantic Business, DealBook, ...

Related: Bonuses
AIG Bombshells: $1.2B in Bonuses, Over $100B Paid to Goldman, Other Banks — Yahoo! Finance: Tech Ticker
Updated from 11:34 a.m. ET Update: President Obama has instructed Tim Geithner to "pursue every legal avenue to block these bonuses" planned for AIG executive. It's "hard to warrant any bonuses" at
N.Y. AG Wants Answers On AIG Bonuses — Breaking News: CBS News
New York state's attorney general joined the growing list of those angered by news of American International Group's bonuses, and wants to have details on his desk this afternoon about who is getting it rewarded.
AIG Makes Controversial Decision to Pay out $165M in Retention Bonuses — Corporate Compliance Insights
AIG announced yesterday that it plans to pay $165 million in retention bonuses "at the division that has drawn most of the heat for the company's near-collapse." Currently, AIG is 79.9% owned by the federal government. (This is only a summary of the article. Click on the headline to view the ...
Your Tax Money At Work!! — Art of trading.net
Going to pay $165 in AIG Bonuses!!! Bonuses for doing what exactly????!!!
AIG bonuses: surprised? — Finance Trends Matter
Bear Mountain Bull points out that the bonus babies at AIG are receiving tens of millions in new bonuses with the money coming from the firm's (to date) $170 billion taxpayer bailout. And he's not really buying the line from AIG chairman Edward Liddy that the bonuses were agreed to in early ...
WSJ: AIG to pay $450 million in bonuses — Rolfe Winkler
WSJ: American International Group Inc. will pay $450 million in bonuses to employees in its financial products unit. That division was at the heart of AIG’s collapse last fall , which compelled the U.S. government to provide $173.3 billion in aid to keep it running… “I ...
The Big Con Continues — Michael Covel: Trend Following Manifesto
From the wires: WASHINGTON (AP) — American International Group is giving its executives tens of millions of dollars in new bonuses even though it received a taxpayer bailout of more than $170 billion dollars. AIG is paying out the executive bonuses to meet a Sunday deadline, but the ...
FASB Mark2Market guidance soon?; Barclays selling iShares arm?; AIG's latest bonuses and the outrage; Obama tries to reassure China; Deutsche Bank on defense — Wall Street Folly
HTML clipboard FASB Pledges Mark-to-Market Guidance Soon Rep. Frank wants to see if AIG bonuses recoverable A.I.G. Planning Huge Bonuses After $170 Billion Bailout Obama Administration Tries to Reassure China on Treasury Debt Barclays moves to sell iShares arm Ackermann...
Bonus Babies — Bear Mountain Bull
This should be a crime: American International Group is giving its executives tens of millions of dollars in new bonuses even though it received a taxpayer bailout of more than $170 billion dollars. AIG is paying out the executive bonuses to meet a Sunday deadline, but the troubled insurance ...
AIG Rushing Out $165M In Bonuses By Sun. — Breaking News: CBS News
American International Group is paying out millions of dollars in executive bonuses to meet a Sunday deadline. But the troubled insurance giant has agreed to administration demands to restrain future payments.
Comment on Icahn gets three seats on Yahoo!’s board by Mastaloyaz — Comments for Wallstrip
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