AIG Contracts Provide No Escape From Bonus Fury

Washington Independent by Daphne Eviatar | Mar. 20, 2009 (News Analysis)

The AIG bonus scandal probably won’t lead to any forced return of those bonuses after all.

Instead, what emerged from the House Financial Services Committee hearing on AIG’s payment of $165 million in bonuses to executives was that there probably isn’t a legal way to avoid paying those bonuses now. Full Story »

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5.0
 by Joe L. Ogan - Mar. 20, 2009

Yes, It is quality. However, the government will recover a good bit of the bonus through taxes. Will the people that returned their bonus be in a position to sue AIG?

I feel that our Congressmen are not doing an adequare job of overseeing the bonus money. The whole business has been done in such hurried fashion that we will probably discover much more problems as time progresses

(7 answers)

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