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IDemo Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 09:15 AM
Original message
Official: AIG bonuses bigger than believed
Company paid $218 million, not $165 million, Conn. attorney general says

breaking news
updated 3 minutes ago

NEW HAVEN, Connecticut - Connecticut's attorney general says documents turned over to his office by American International Group Inc. shows the company paid out $218 million in bonuses, higher than the $165 million previously disclosed.

Attorney General Richard Blumenthal's office received the documents late Friday after issuing a subpoena.

Blumenthal says the documents show that 73 people received at least $1 million apiece, and five of those got bonuses of more than $4 million. The financially ailing insurance giant has been under fire for giving bonuses after receiving more than $182.5 billion in federal bailout money.

AIG spokesman Mark Herr declined to comment Saturday.

http://www.msnbc.msn.com/id/29812224/
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aquart Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 09:17 AM
Response to Original message
1. They lie, they lie, they lie.
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Double T Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 09:32 AM
Response to Original message
2. wall street has got to be taken down. robber barons can never be trusted..........
Edited on Sat Mar-21-09 09:33 AM by Double T
about anything. Congress and the would be regulators, in conjunction with the extremely corrupt corporations, are thick as thieves.
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notesdev Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 09:32 AM
Response to Original message
3. Somehow, some way
People need to start being put in jail for not telling the truth. Everybody involved in this mess - in the banks and in Congress too - needs to be hauled in to testify under oath.

If we can get Scooter Libby, why can't we get Edward Liddy?
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Hepburn Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 09:36 AM
Response to Original message
4. OMG....
...they lied.

Quelle shock....:eyes:
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IDemo Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-21-09 09:41 AM
Response to Reply #4
5. Don't call it "lying"

It's "naked short-selling the truth".
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