reuters.com - 7/10/2009
—
WASHINGTON/NEW YORK (Reuters) - American International Group is preparing to pay next week millions of dollars more in bonuses to dozens of corporate executives, a source familiar with the development said. AIG has been talking with Washington's newly-appointed compensation czar Kenneth Feinberg ...
AIG Plans to Pay Retention Bonuses to Executives
nakedcapitalism.com 11/30/2008 — How can you give cash compensation to an executive, yet claim it is not a salary or bonus? You call it a "retention bonus," No, I am not making this up. Note that AIG chose to make this disclosure the day before Thanksgiving, clearly choosing a ...
AIG is Dead; Long Live AIG!
alephblog.com 8/28/2009 — When Robert Benmosche was named CEO of AIG, I thought it was a good thing. Ed Liddy, possibly tired of the abuse, wanted to move on. Liddy was primarily skilled with personal lines P&C insurance, which was a small part of AIG, and has been sold off. Benmosche’s skills extend to ...
AIG in Review
baselinescenario.com 3/2/2009 — Well, it’s done . AIG is getting another bailout.
I have to admit I don’t fully understand the ongoing AIG bailout saga, so I thought I would do a little research to try to figure out what is going on. I thought I would just look up all the term sheets, but I found it’s ...
A Token Reining in of AIG Bonuses (Banana Republic Watch)
nakedcapitalism.com 3/15/2009 — 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 ...
AIG: Spiraling Downward and Awarding Bonuses on the Way
blog.ockhamresearch.com 7/10/2009 — The recent history of American International Group ( AIG ) reads like a continuous train wreck complete with horrendous risk management, obscene losses, enormous government bailouts, and of course repugnant taxpayer funded bonuses. The culmination of these misdeeds has made AIG the poster ...
AIG — There are Many Criminals Here
alephblog.com 3/20/2009 — It could probably be shown by facts and figures that there is no distinctly native American criminal class except Congress.
- Pudd’nhead Wilson’s New Calendar ( from twainquotes.com )
There are many upset over the bonuses paid to AIG employees, most notably politicians seeking ...
AIG: Blame the negative publicity…
footnoted.org 5/8/2009 — Journalists really can’t catch a break. The daily tales of more layoffs , unpaid furloughs and magazine closings (including Portfolio, which ran a monthly footnoted column). But now there’s this: those darn journalists are responsible ...
AIG Still Isn't Too Big to Fail
online.wsj.com 3/20/2009 — LUCIAN BEBCHUK The AIG bailout -- at $170 billion and rising -- may end up as the costliest rescue of a single firm in history. There is much debate about bonuses paid to AIG's executives. But there is far too little debate on the government's ...
"AIG Still Isn't Too Big to Fail"
economistsview.typepad.com 3/21/2009 — Lucian Bebchuk says AIG is not too big to fail:
AIG Still
Isn't Too Big to Fail, by Lucian Bebchuk, Commentary, WSJ : The AIG bailout
-- at $170 billion and rising -- may end up as the costliest rescue of a single
firm in history. There is ...
AIG to Retrade Its Bailout Yet Again? (Banana Republic Watch)
nakedcapitalism.com 2/24/2009 — Sports fans, your humble blogger earnestly endeavors to keep up with the machinations of of big financial firms to extract rents from the poor chump taxpayer, usually by invoking scary images of the financial version of nuclear winter. Since we ...
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