Archived material Access restricted Article
Rantburg

Today's Front Page   View All of Tue 12/09/2008 View Mon 12/08/2008 View Sun 12/07/2008 View Sat 12/06/2008 View Fri 12/05/2008 View Thu 12/04/2008 View Wed 12/03/2008
1
2008-12-09 Home Front Economy
AIG To Pay Up To $4 Million in Bonuses
Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.
Posted by badanov 2008-12-09 07:18|| || Front Page|| [7 views ]  Top

#1 Four million is chump change ...
And we're the chumps.
Posted by Spot">Spot  2008-12-09 08:14||   2008-12-09 08:14|| Front Page Top

#2 Where are they going to go?

Wanted!
Board Level Position with Turning up to work Bonus Scheme.
Must have experience in mis-pricing securities, also experience in creating bonus schemes where no profits exist is a must.


Bit unlikely isn't it!
Posted by Bright Pebbles 2008-12-09 08:27||   2008-12-09 08:27|| Front Page Top

#3 anyone think AIG is bonna pay back those loans? I f they do addd 30% interest too them like the credit card companies have done too us all these years
Posted by sinse 2008-12-09 08:32||   2008-12-09 08:32|| Front Page Top

#4 Just wait until the government bailout oversight police hear about THIS!
Posted by Besoeker 2008-12-09 08:48||   2008-12-09 08:48|| Front Page Top

#5 Seems like these big companies are like the farmer who buys a new truck before declaring bankruptcy. AIG advertises prominately during KU home basketball games (very lucrative space). Sprint, stock abou 5% of what it was a couple years ago, opened the Sprint Center in KC. Ford Stadium in Detroit, Enron Field...I'm sure there are many good and bad examples but these pop to mind instantly.
Posted by swksvolFF 2008-12-09 13:12||   2008-12-09 13:12|| Front Page Top

#6 That's up to $4Million EACH? For 130 managers? Even at $92,500 each for 130 that is over $12Million!
WTF!!!!!
There is not a single manager in AIG that should get a single dollar of bonus money.
Posted by bigjim-ky 2008-12-09 13:43||   2008-12-09 13:43|| Front Page Top

#7 Congress is getting all bunched up about the car company executives. Dodd said GM's CEO should go before any consideration of a bailout. There doesn't seem to be the same scrutiny of AIG. Maybe it is because Queen Nancy has retirement holdings in AIG.
Posted by JohnQC 2008-12-09 17:16||   2008-12-09 17:16|| Front Page Top

#8 perhaps Senator "Friend of Angelo" has the same prescription for Countrywide? Didn't think so. Dodd and Barney Frank should be testifying under oath, not interrogating
Posted by Frank G">Frank G  2008-12-09 17:37||   2008-12-09 17:37|| Front Page Top

23:52 JosephMendiola
23:41 JosephMendiola
23:35 JosephMendiola
23:28 49 Pan
23:23 JosephMendiola
23:11 JosephMendiola
23:03 JosephMendiola
22:57 JosephMendiola
22:56 JosephMendiola
22:51 JosephMendiola
22:45 IVSergio
22:45 JosephMendiola
22:42 Jolutch Mussolini7800
22:40 ed
22:22 Glenmore
21:48 Frank G
21:47 GolfBravoUSMC
21:42 Glenmore
21:39 Jolutch Mussolini7800
21:36 Spot
21:27 Jolutch Mussolini7800
21:19 Nimble Spemble
21:16 sinse
21:15 Shease McGurque9306









Paypal:
Google
Search WWW Search rantburg.com