165 million. The dollar amount of bonuses and incentives it has been reported that insurance giant AIG intends to pay out to its top-level employees, after receiving $170 billion in taxpayer-funded federal bailout money.
In case you're wondering if I'm actually telling you that AIG is planning to use part of the government's assistance to reward the same executives who brought the company to the brink of financial collapse, yes, that's what I'm telling you.
The Wall Street Journal reports that the original bonus budget was $450 million.
blog comments powered by Disqus
