AIG Contracts Provide No Escape From Bonus Fury

Washington Independent by Daphne Eviatar | Mar. 20, 2009 (News Analysis)

The AIG bonus scandal probably won’t lead to any forced return of those bonuses after all.

Instead, what emerged from the House Financial Services Committee hearing on AIG’s payment of $165 million in bonuses to executives was that there probably isn’t a legal way to avoid paying those bonuses now. Full Story »

Posted by Derek Hawkins

More Info

Tags Help
Subjects: U.S., Politics, Business
Topics: U.S. Congress, U.S. Economy, Money and Politics, Finance
Editorial Help
Posted by: Posted by Derek Hawkins - Mar 20, 2009 - 7:33 AM PDT
Reviewed by: Derek Hawkins (review), Joe L. Ogan (review), Jacopo Gradassai (review)
Content Type: Article
Edit Lock: This story can be edited
Edited by: Derek Hawkins - Mar 20, 2009 - 7:33 AM PDT

Reviews

Show All Comments
Show All | Notes | Comments | Quotes | Links
Derek Hawkins
4.0
 by Derek Hawkins - Mar. 20, 2009
Derek posted this story.
See Full Review » (2 answers)
Jacopo Gradassai
3.9
 by Jacopo Gradassai - Mar. 21, 2009
See Full Review » (10 answers)
Joe L. Ogan
5.0
 by Joe L. Ogan - Mar. 20, 2009

Yes, It is quality. However, the government will recover a good bit of the bonus through taxes. Will the people that returned their bonus be in a position to sue AIG?

I feel that our Congressmen are not doing an adequare job of overseeing the bonus money. The whole business has been done in such hurried fashion that we will probably discover much more problems as time progresses

See Full Review » (7 answers)

Comments on this story Help (BETA)

Sort by: Oldest | Newest Hide All Replies
NT Rating | My Rating

Ratings

4.4

Good
from 3 reviews (30% confidence)
Quality
4.5
Facts
4.5
Fairness
4.5
Information
4.5
Sourcing
4.0
Style
4.0
Context
4.0
Depth
4.0
Enterprise
3.0
Popularity
4.2
Recommendation
4.3
Credibility
4.3
# Reviews
1.5
# Views
5.0
# Likes
1.0
# Emails
1.0
More
How our ratings work »
(See these related stories.)

Links Help

No links yet. Please review this story to add some!