AIG to Pay Millions To Top Workers

Washington Post by Carol D. Leonnig | Nov. 14, 2008 (News Report)
Move Comes on Heels Of Revised Bailout

American International Group plans to pay out $503 million in deferred compensation to some of its top employees, saying it must tap the funds to keep valuable workers from exiting the troubled insurance giant. Full Story »

Posted by Kelly Garrett

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Dwight Rousu
4.1
 by Dwight Rousu - Nov. 14, 2008

The story rings some alarm bells and motivates looking for more information on the payouts, though the article is short on details and any actions being taken or contemplated to limit the bloodletting from the dying patient. No mention is made of where these executives would go to do better in the current financial meltdown. The Enron parallel is interesting.

Are the corporations too big to fail? Are the executives too wonderful to let go? How did we reach this point, and how do we navigate out?

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Dwight's Rating

Overall
4.1

Good
from 13 answers
Quality
3.9
Facts
4.0
Fairness
4.0
Information
5.0
Sourcing
3.0
Style
3.0
Context
4.0
Depth
2.0
Enterprise
5.0
Popularity
4.5
Recommendation
5.0
Credibility
4.0
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