AIG (AIG) To Pass Out Another $450 Million To Keep Workers

Investing

Published: January 27, 2009 3:41 pm

Last Updated: April 27, 2020 3:23 pm

Cammonopoly_wideweb__430x3250 AIG (AIG) will make $450 million in payments to workers at it derivatives unit to make sure that they don’t leave.

“I was extremely disappointed — but not surprised — to learn that AIG will be awarding bonuses to the very division that drove the company into the ground,” said Elijah Cummings, a member of the House Committee on Oversight and Government Reform, according to Bloomberg.

AIG loses so much money, it would be better off if it paid all of its employees to leave.

Douglas A. McIntyre

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