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

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