Tag: executive bonuses

So even though we have given AIG $165 billion of our own money, they can still make massive payouts in the form of bonuses: American International Group is giving its executives tens of millions of dollars in new bonuses even though it received a taxpayer bailout of more than $170 billion dollars. AIG is paying […]

NY Attorney General Andrew Cuomo has been at the front of the battle when it comes to CEOs receiving their golden parachutes, while their companies lay off and ask for government handouts, and he isn’t backing down at all: Calling the layoffs of 53,000 people “disturbing,” Cuomo says top executives shouldn’t get bonuses while investors, […]