The payments are in addition to a $120m corporate bonus pool for holding company staff and executives at subsidiary companies. AIG was criticised for paying some $165m in retention bonuses after gaining $180bn in US bailout aid.
![Reblog this post [with Zemanta]](https://lh3.googleusercontent.com/blogger_img_proxy/AEn0k_tjmZuuWyWzvixA-Pi1hwSabv3MZA742O0s8rHzee220BFAYFK9EsH5d0bFJ4COJ_IWKQkvfaTMfCPX0_4OJ-KxvFgy9nQXQph7kGXE0KkfESEK3BpZ1NEhdYoERXdKc6mWaLmVrf8jTN3jRDWPRTwP=s0-d)
Wednesday, 6 May 2009
AIG reveals extra $454m in bonuses
Embattled US insurer AIG paid some $454m in previously undisclosed performance bonuses to employees for 2008, the company said in answers to questions from a US lawmaker that were released on Tuesday, reports Reuters.
The payments are in addition to a $120m corporate bonus pool for holding company staff and executives at subsidiary companies. AIG was criticised for paying some $165m in retention bonuses after gaining $180bn in US bailout aid.
The payments are in addition to a $120m corporate bonus pool for holding company staff and executives at subsidiary companies. AIG was criticised for paying some $165m in retention bonuses after gaining $180bn in US bailout aid.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment