Today is Wednesday, 20th November 2024

NY: AG Wants to See AIG’s Bonus Plans

From the Daily News:

State Attorney General Andrew Cuomo wants to know if insurance giant AIG will give fat bonuses or pay raises to its top bosses.

The state’s top lawman whipped off a letter to CEO Edward Liddy demanding information about the company’s compensation plans.

Cuomo reminded Liddy that taxpayers have poured $150 million into AIG to rescue it from failure – and suggests company fat cats should tighten their belts.

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