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Five AIG execs say may quit over pay

Five AIG execs say may quit over pay

Five senior executives at American International Group told the insurer last week they may quit if their compensation was cut significantly by the U.S. pay czar, the Wall Street Journal reported on Sunday.

 

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.

 

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