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Aig Bonuses

AIG's Misguided TARP-Funded Bonuses

Rep. Edolphus Towns | Posted 10.28.2009 | Business

Read More: Tarp, Aig, Banking Crisis, Financial Crisis, Bailout, Wall Street, Wall Street Bonuses, Aig Bonuses, Business News
Rep. Edolphus Towns

The American people have been eager to understand how the government failed to prevent bonus payments from going out the door -- payments that were paid out with their taxpayer dollars.

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Executive Pay Cuts? Hold the Standing Ovation

Stuart Whatley | Posted 10.24.2009 | Business

Read More: Tarp, Wall Street Bailout, TARP Money, Aig Bonuses, Financial Reform, Bank of America, Aig, Barack Obama, Goldman Sachs, Bailout, Health Care Reform, Financial Crisis, Wall Street Bonuses, Kenneth Feinberg, Financial Regulation, Citigroup, Business News
Stuart Whatley

Yes, a quick round of applause for Feinberg for cutting our financial wards' CEO pay. But hold off on the standing ovation; the Obama era does not need a "Mission Accomplished" moment.

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AIG Executives Kept Bonuses They Promised To Return, Feinberg Says

Bloomberg.com | Hugh Son | Posted 10.23.2009 | Business

Read More: AIG Financial Products, Executive Pay, Bailoug, Aig Bonuses, Economic Crisis, AIG Bailout, Aig, Financial Crisis, AIG's Financial Products Unit, Pay Czar, Bonuses, Executive Compensation, Kenneth Feinberg, Business News

Four of five managers in AIG's Financial Products unit that are under the jurisdiction of pay master Kenneth Feinberg didn't make good on pledges to r...

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Obama's Pay Cuts Let Big Boys off the Hook

Les Leopold | Posted 10.22.2009 | Business

Read More: JP Morgan Chase, Andrew J. Hall, Goldman Sachs, Wall Street Crisis, Aig Bonuses, Economic Crisis, Financial Crisis, Barack Obama, Business News
Les Leopold

Unfortunately, the administration doesn't have the moxie to go after the most outrageous salaries and bonuses that are about to flow.

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Goldman Sachs Skirts Slashes in Compensation

Allison Kilkenny | Posted 10.22.2009 | Politics

Read More: Goldman Sachs, Wall Street Bailout, Bailout, Goldman Sachs Bonuses, Aig Bonuses, Goldman Sachs Bailout, Aig, Henry Paulson, Kenneth Lewis, Goldman Sachs TARP, Goldman Sachs Profits, Executive Compensation, Kenneth Feinberg, Barack Obama, Politics News
Allison Kilkenny

The Times shows its agenda when it refers to the not-yet-existing AIG bonuses slashes as "the humbling downfall of the once-proud giants" while all those pesky citizens won't stop with the "populist animosity."

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AIG Bonuses: Firm Paid $7,700 Retention Bonus To Kitchen Assistant

Posted 10.14.2009 | Business

Read More: Tarp, AIG Bailout, Aig, Kenneth Feinberg, Aig Bonuses, Robert Benmosche, Business News

AIG paid retention bonuses totaling more than $168 million to a wide array of employees in its financial products unit, including an assistant in a ki...

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Regulating Systemic Risk and Banker Compensation Will Not Fix What Is Broken on Wall Street

David Paul | Posted 10.03.2009 | Business

Read More: Goldman Sachs, Wall Street Crisis, Phibro, Lehman Brothers, Aig Bonuses, Andrew Hall, Salomon Brothers, Bear Stearns, Systemic Risk, Wall Street Bonuses, Citigroup, Gutfreund, Aig, Credit Default Swaps, Business News
David Paul

The incentives to make big bets and take big risks has survived, but without the accountability. Today, the US Treasury and the Fed are trying to hold the pieces together. But why?

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The Beatles, Obama and Real Change...

Stephen Gyllenhaal | Posted 11.14.2009 | Politics

Read More: Aig Bonuses, Iran, Federal Reserve, Beatles, Iraq, Obama, Wall Street, Afganistan, Politics News
Stephen Gyllenhaal

For real change to hit us, it would have had to come like the Beatles first songs hit us. It would have had to have been brash and maybe a bit humorous, but with a working class toughness.

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Hank Paulson, Up To His Old Tricks

Don McNay | Posted 08.16.2009 | Business

Read More: Kentucky Governor, Congress, Wall Street Bailout, Sherrif, Hank Paulson, Aig Bonuses, Kentucky, Aig, Don McNay, Fox Business Network, Structured Settlements, Goldman Sachs, Cnbc, Bailout, Ernie Fletcher, Henry Paulson, Million Dollar Round Table, Lexington KY, Business News
Don McNay

Last year, I wrote that I felt that the American people were being conned. As I watch Paulson testify in front of Congress today, I KNOW we're being conned.

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Goldman Earnings: Unfair Advantage or Trading Prowess?

Jill Schlesinger | Posted 08.13.2009 | Business

Read More: AIG Bailout, Goldman Sachs, Goldman Sachs TARP, Goldman Sachs Bonuses, Aig Bonuses, Business News
Jill Schlesinger

Goldman Sachs has benefited from a lack of competition: with fewer players in the game, spreads have been wider, allowing for more robust profits for those who have the wherewithal to enter the game.

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AIG Shows Why We Need the Employee Free Choice Act

Mike Elk | Posted 08.11.2009 | Business

Read More: Uaw, Employee Free Choice Act, Bailout, Wall Street, Calpers, Aig Bonuses, AIG Bailout, Pension-Funds, Business News
Mike Elk

Unions, representing the combined interests of everyday Americans, can be a valuable instrument in fighting for the interests of all, not just those at the top.

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AIG In Talks With U.S. Over Another $250 Million In Bonuses

Washington Post | Posted 08.10.2009 | Business

Read More: Aig Bonuses, Aig, AIG Million Bonuses, AIG $250 Million, $250 Million in Bonuses, Business News

American International Group's recent discussions with President Obama's compensation czar have centered on whether the company should pay about $250 ...

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AIG Bonuses: Consulting With Obama Administration On Plans To Pay Out Millions Of Dollars

AP | STEPHEN BERNARD | Posted 08.10.2009 | Business

Read More: Kenneth R. Feinberg, Obama Aig Bonuses, Aig Bonus Payments, Aig Paying More Bonuses, Aig Bonuses, Aig, AIG Bonus, Aig New Bonuses, Aig Bonus Payment, Business News

NEW YORK — American International Group Inc. is consulting with the federal government about its plans to pay millions of dollars in retention i...

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AIG Bonuses Are Back: Firm Preparing To Pay Out Millions

AP | Posted 08.09.2009 | Business

Read More: Aig Bonuses, AIG Millions in Bonuses, Aig, AIG Bonuses Are Back, Business News

After its bonus payments ignited a firestorm of criticism earlier this year, American International Group Inc. is asking the federal government to wei...

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AIG Wants Charity Money Back To Pay Bonuses

New York Post | Posted 07.02.2009 | Business

Read More: Maurice "Hank" Greenberg, AIG Bonus, Aig Bonuses, Hank Greenberg, Aig, American International Group, AIG Charity, Business News

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...

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We Are Not AIG

Ciara Torres-Spelliscy | Posted 06.13.2009 | Business

Read More: Tarp, Elizabeth Warren, Aig, Citibank, Financial Crisis, Bailout, Aig Bonuses, Business News
Ciara Torres-Spelliscy

Government ownership of big portions of the economy could threaten democracy; for one thing, it creates massive conflicts of interest for those who manage bailed out companies.

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Officials Knew Of AIG Bonuses Months Before Scandal

Washington Post | David Cho and Brady Dennis | Posted 06.12.2009 | Politics

Read More: Aig Bonus Scandal, Bailout Bandits, Bank Bailouts, Aig Bonuses, Federal Reserve Bank of New York, Aig, Financial Crisis, Edward Liddy, Politics News

As American International Group chief executive Edward M. Liddy returns to Washington to face Congress today, new details are emerging about how long ...

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AIG Blames The Media

footnoted.org | Michelle Leder | Posted 06.08.2009 | Business

Read More: AIG Bailout, Aig Media, Aig, Aig Bonuses, Aig Blames the Media, Aig 10q, Business News

We'll borrow a line from our friend, Jeff Matthews: we are not making this up! In both the 8-K and the 10-Q that AIG filed yesterday, they repeatedly ...

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AIG Is The Worst Company In America

consumerist.com | Posted 06.07.2009 | Business

Read More: Aig, AIG Bailout, Aig Worst Company, Aig Bonuses, Aig Problems, Business News

Congratulations to AIG for beating Comcast in this year's final....

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AIG Bonuses Much Higher Than Reported

Politico | EAMON JAVERS | Posted 06.05.2009 | Business

Read More: Aig Bonuses, AIG Bonuses 2008, Aig, Business News

AIG now says it paid out more than $454 million in bonuses to its employees for work performed in 2008. ...

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AIG Bonuses: What Ever Happened?

New York Times | Steven M. Davidoff | Posted 05.23.2009 | Business

Read More: Aig, American International Group, AIG Bonus, Aig Bonuses, Business News

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...

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A "Hedge Fund" Named AIG

Leo Tilman | Posted 05.08.2009 | Business

Read More: Aig Bonuses, Aig, Business News
Leo Tilman

Losing $60B in a Quarter? Don't Try it At Home Ben Bernanke is angry. "If there is a single episode in the entire 18 months that has made me more an...

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Thomas B. Edsall and Robert Dowling

What Did Andrew Cuomo Know About The AIG Bonuses?

HuffingtonPost.com | Thomas B. Edsall and Robert Dowling | Posted 05.06.2009 | Politics

Read More: New York Attorney General Cuomo, Aig Bonuses, Aig, Andrew Cuomo, Cuomo AIG Bonuses, Politics News

A spokesman for New York Attorney General Andrew Cuomo denied last night that as early as last October Cuomo knew about and tacitly approved the $165 ...

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Why the AIG Bonus Story Matters to America

Ryan Mack | Posted 05.06.2009 | Business

Read More: Consumer Confidence, Wall Street, Main Street and Wall Street, Aig Bonuses, Economy, Aig, Main Street, Barack Obama, Business News
Ryan Mack

If we don't have faith, we will see the level of apathy continue to rise while production continues to decrease, causing this recession to lengthen.

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Melissa Bean Helps Banks Gut Bill to Limit TARP Bonuses

Jane Hamsher | Posted 05.04.2009 | Politics

Read More: Tarp, Goldman Sachs, Jim Himes, Adam Pase, Ellen Tauscher, Aig Bonuses, Timothy Geithner, New Democrat Coalition, Alan Grayson, Chamber of Commerce, Bank Lobbyists, Neal Cavuto, Melissa Bean, Melissa Bean AIG, Aig Bonus Tax Vote, Aig Bonus Tax, Bonus Outrage, Aig, Politics News
Jane Hamsher

The New Democrats and the Blue Dogs made good on their threats to join with Republicans to block legislation that would limit the payment of TARP bonuses. Score one for the banks.

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