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Bank of America Paying Hefty Bonuses

Bank of America Paying Hefty Bonuses

Bank of America first hit the news as one of the major banks receiving TARP funds. The government “stress tests” found that Bank of America needed $33.9 billion in capital just to survive. When that news came out, they started selling extra stocks and liquidating …

The Pitch – Does AIG deserve to be labeled the Consumerist’s Worst Company 2009?

The Pitch – Does AIG deserve to be labeled the Consumerist’s Worst Company 2009?

Does AIG deserve the Consumerist’s “Worst Company in America 2009″ award?
Question:
This week the Consumerist’s quest to find the Worst Company in America 2009 came to an end when AIG was put against Comcast and AIG came out on top. So, after all that AIG has …

15 AIG executives agree to give back bonus money

15 of the highest paid executives at AIG have agreed to give back their bonuses in full, totalling around $30 million.
[New York Attorney General Andrew] Cuomo said 9 of the 10 people receiving the largest awards have agreed to return their bonus. Additionally, 15 of …

More details about AIG bonuses

More details about AIG bonuses

More details have been released about the bonuses paid to some American International Group Inc. employees.
The bonuses totaled $218 million, $53 million more than the $165 million previously reported.

At least 78 people received bonuses totaling at least $1 million.
5 people received bonuses over $4 million.

The …

AIG told to avoid the angry mobs

AIG told to avoid the angry mobs

An internal memo from AIG leaked to the website Gawker today. It lists things to do to avoid being basically brutally beaten either physically or verbally.
The document was supposedly sent out by AIG Corporate Security and gave many tips to help employees avoid “public attention …