Massive Swindle Continues Unabated
AIG pays $450 million in bonuses after bailout
"3/15 - Ailing insurance giant AIG is planning to give out $450 million in bonuses this week to executives who led the firm to a $99.3 billion dollar loss in 2008.Although AIG has agreed to cut back on multi-million-dollar bonuses for its highest ranking officers, the firm's lower-ranked employees are still set for a massive pay day.
The bonuses are for staff at AIG's London subsidiary, AIG Financial Products, which helped trigger the collapse, the Wall Street Journal reports."
More Bankster Fun:
Regulator: Before Banks Collapsed, They Pleaded With Feds To Let Them Fudge Their Books
"3/15 - Ailing insurance giant AIG is planning to give out $450 million in bonuses this week to executives who led the firm to a $99.3 billion dollar loss in 2008.Although AIG has agreed to cut back on multi-million-dollar bonuses for its highest ranking officers, the firm's lower-ranked employees are still set for a massive pay day.
The bonuses are for staff at AIG's London subsidiary, AIG Financial Products, which helped trigger the collapse, the Wall Street Journal reports."
More Bankster Fun:
Regulator: Before Banks Collapsed, They Pleaded With Feds To Let Them Fudge Their Books
posted by nolocontendere at 8:54 PM
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