AIG Bonuses Were $454 Million

Turns out the total bonuses paid to AIG were $454 million last year, or 4 times higher than previously reported. How do we know this? Because Congressman Elija Cummings asked them a direct question. See, nobody asked them this precise question before, so they didn't think anyone really wanted to know.

From Politico:















In other news, AIG lost another $5 billion in the first three months of the year.

I suppose that's better than losing $10 billion. Another round of bonuses for everyone!

--d.f.

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