AIG Bonuses: The Japanese Solution
March 17, 2009
News Item: The picture for beleaguered insurer AIG got no prettier Tuesday when subpoenas issued by New York Attorney General Cuomo revealed the company last week had paid bonuses of $1 million or more to 73 employees, including 11 who no longer work there. The firm recently took a $170 Billion bailout from the government.
Anti-AIG demonstrations have cropped up in several U.S. cities in reaction to the bonuses.
