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Pay Czar Rejects AIG Pay Packages: Report
Stock quotes in this article:AIG
Executive compensation at AIG has been a cause for controversy. Earlier this month, it was discovered that the flailing insurer paid more than $168 million to about 400 employees between December 2008 and March 2009, right after it received a massive $85 billion loan from the government.
That pay included a now infamous $7,700 retention bonus for a kitchen aide. -- Reported by Jeanine Poggi in New York Follow TheStreet.com on Twitter and become a fan on Facebook.TheStreet Premium Services
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
|
|---|---|---|---|---|
| 12,393.45 | 1,310.33 | 2,827.34 | 15.81 |
Oil *
101.78
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DOWN
26.41 |
DOWN
2.99 |
DOWN
10.02 |
DOWN
0.44 |
10 Yr
1.58%
SPDR Gold
151.62
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|
-0.21%
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-0.23%
|
-0.35%
|
-2.71%
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Data delayed 20 minutes |
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