Posted on March 18, 2009 by factsnews
John Byrne
Published: Wednesday March 18, 2009
A new revelation in the scandal surrounding AIG’s decision to pay multi-million dollar bonuses to executives — a provision that would have restricted companies receiving federal government bailout aid from paying bonuses was quietly stripped from a bill last month.
The measure, introduced by Sen. Ron Wyden (D-OR), was removed by [...]
Filed under: Economy, Government | Tagged: aig, bailout, Economy, Federal Government, Legislation | Leave a Comment »
Posted on March 18, 2009 by factsnews
John Byrne
Published: Wednesday March 18, 2009
$160 million in bonuses to AIG executives? Try billions in dollars slated to be paid by AIG to hedge funds.
The massive now mostly-government owned insurer American International Group is slated to shell out billions of dollars to hedge funds that bet against the US housing market, according to documents [...]
Filed under: Economy, Stock Market | Tagged: aig, Economy, finance, hedge fund, Stock Market | Leave a Comment »
