AIG Still Hasm Paid Back Bonuses Which Sparked Outrage
This is a story about what happens when populist outrage flares white-hot and then quickly fades away. Last spring, thousands of angry protesters s...
This is a story about what happens when populist outrage flares white-hot and then quickly fades away. Last spring, thousands of angry protesters s...
Huff TV | Posted 05.25.2011
HuffPost's Editor, Roy Sekoff, was on The Ed Show Wednesday night to discuss the latest AIG outrage: the refusal of company executives to follow throu...
AP | STEPHEN BERNARD | Posted 05.25.2011
NEW YORK — American International Group Inc. is consulting with the federal government about its plans to pay millions of dollars in retention i...
New York Post | Posted 05.25.2011
Insurance giant AIG is trying to seize a $490 million charitable endowment -- and claw back $27 million it already awarded to New York charities -- to...
New York Times | Steven M. Davidoff | Posted 05.25.2011
We are now about a month past the bonus backlash at the American International Group. It was on March 16 that President Obama said he had asked Treasu...
B. Jeffrey Madoff | Posted 05.25.2011
"Toxic assets" are two words that don't belong together in the English language. The meaning of one cancels out the meaning of the other.
Roger Smith | Posted 05.25.2011
I went back to Mr. DeSantis' tear-stained letter of resignation, and tried to see if indeed his outrage at the very idea of being asked to give his bonus back possibly justified. I quickly concluded, No way.
Think Progress | Posted 05.25.2011
Today, Fox Business Network anchor Dagen McDowell appeared on Fox News to make the case against the tax on AIG bonuses by comparing it to sexual abuse...
Huffington Post | Julie Satow | Posted 05.25.2011
The recent outcry over $165 million in post-bailout bonus payments has put AIG on the hot seat. But, in fact, the bonus disbursement is perhaps the l...
Don McNay | Posted 05.25.2011
If AIG loses millions, or billions, in the future due to its "overly aggressive pricing" we are going to be picking up the tab.
AP | RICHARD LARDNER | Posted 05.25.2011
WASHINGTON — Obama administration special envoy Richard Holbooke was on the American International Group Inc. board of directors in early 2008 w...
HuffingtonPost.com | Sam Stein | Posted 05.25.2011
The Treasury Department demanded that Sen. Chris Dodd insert exemptions into the stimulus bill that allowed bailout recipients to receive bonuses, the...
The Huffington Post | Matthew Palevsky | Posted 05.25.2011
**UPDATE: Mystery Man Revealed** On Wednesday, The Wall Street Journal reported that a number of AIG executives have decided to return their controve...
Maciej Ceglowski | Posted 05.25.2011
Sorkin argues that if we do not pay $165 million in performance bonuses to executives at the failed insurer, we risk chipping at the very foundations of the rule of law.
HuffingtonPost.com | Sam Stein | Posted 05.25.2011
It is a rather curious spectacle to see congressional Republicans express outrage at the exorbitant bonuses being handed out by bailed-out companies a...
Brian Shott | Posted 05.25.2011
What does Robert Frost's famous poem have to do with the insurance giant, anyway?
HuffingtonPost.com | Sam Stein | Posted 05.25.2011
Additional reporting by Arthur Delaney Senator Ron Wyden said on Tuesday that the furor surrounding AIG's bonus payments could have been avoided had...
Wall Street Journal | JONATHAN WEISMAN and CHAD BRAY | Posted 05.25.2011
President Barack Obama, trying to contain a political firestorm, instructed Treasury Secretary Timothy Geithner "pursue every legal avenue" to block $...
HuffingtonPost.com | Marcus Baram | Posted 05.25.2011