Tag: $165 million AIG

AIG Executives in Breach of their Duties to Shareholders with Bonus Payouts

Meet Edward Liddy, Chairman of AIG, the insurance giant that is fast becoming the poster child for the blunders in the current financial crisis. The company remarkably announced today its intention to pay out $165 million in bonuses and compensation after taking more than $170 billion in federal bailout money. Hello? The company recently had

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