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Obama Says AIG Bonuses Ridiculous |
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Monday, 16 March 2009 |
Obama wants lawmakers to carefully analyze AIG’s current situation and assess possibilities of stopping them from issuing multi-million dollars bonuses that are pending payout to key executives.
AIG is in an outrageous position after they have made announcements that they would be issueing a total of $450 million dollars in accumulated bonuses to their executives.
What’s even more outrageous is the fact that they key executives caused AIG $40 billion in losses – which prompts the question, why would they want to reward these people?
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