Bailouts, American International Group | featured news

AIG CEO ready to quit over pay limits

AIG CEO ready to quit over pay limits

After just three months as head of American International Group, Robert Benmosche has threatened to leave his post as he struggles to deal with heavy government oversight.

 

U.S. Wants A.I.G. to Hold Back on Some Bonuses

U.S. Wants A.I.G. to Hold Back on Some Bonuses

The special federal paymaster is trying to persuade the American International Group, the insurance giant, to reduce a coming bonus payment of $198 million, but is running into legal hurdles despite rules curtailing bonuses at companies receiving assistance from the Treasury.

 

Subscribe to this RSS topic: Syndicate content