Friday, March 27, 2009

 

AIG Official Defends Bonuses as Necessary

Until two weeks ago, the $218 million in bonuses paid out to employees of AIG Financial Products was doing exactly what it was designed to do — keeping workers with the company long enough to dismantle their own work and then leave, an AIG executive told state legislators Thursday.

AIG Official Defends Bonuses as Necessary
Source: Hartford Courant

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