Tuesday, March 17, 2009
Cuomo: 73 AIG Employees Received Bonuses of $1 Million or More
New York Attorney General Andrew Cuomo is launching an investigation into the bailed-out company following revelations that it distributed $165 million in executive bonuses.
New York Attorney General Andrew Cuomo says 73 employees at American International Group received bonuses of $1 million or more, with one receiving more than $6 million.
Cuomo is launching an investigation into the bailed-out company following revelations that it distributed $165 million in executive bonuses. Cuomo reported his latest findings in a letter Tuesday to Rep. Barney Frank, D-Mass., chairman of the House financial services committee.
"Already my office has determined that some of these bonuses were staggering in size," Cuomo wrote.
Fox: Cuomo: 73 AIG Employees Received Bonuses of $1 Million or More
New York Attorney General Andrew Cuomo says 73 employees at American International Group received bonuses of $1 million or more, with one receiving more than $6 million.
Cuomo is launching an investigation into the bailed-out company following revelations that it distributed $165 million in executive bonuses. Cuomo reported his latest findings in a letter Tuesday to Rep. Barney Frank, D-Mass., chairman of the House financial services committee.
"Already my office has determined that some of these bonuses were staggering in size," Cuomo wrote.
Fox: Cuomo: 73 AIG Employees Received Bonuses of $1 Million or More