Wednesday, January 28, 2009
"AIG's at It Again with Ludicrous $450M 'Retention Pay' Scheme"
Normally I don't get quite as upset about things like this as many folks do, as I often think it is indeed a necessary part of doing business, and feel the need to weigh gut reaction populist anger with business reality. BUT, this is just beyond ridiculous: AIG is paying about $450 million to 400 workers within their derivatives unit as part of a "retention pay" scheme...
Seeking Alpha: AIG's at It Again with Ludicrous $450M 'Retention Pay' Scheme
Seeking Alpha: AIG's at It Again with Ludicrous $450M 'Retention Pay' Scheme
Permalink posted by markw @ 6:34 AM 
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