A.I.G. Bonuses Four Times Higher

Eamon Javers, The Politico: "The 2008 AIG bonus pool just keeps getting larger and larger. In a response to detailed questions from Rep. Elijah Cummings (D-Md.), the company has offered a third assessment of exactly how much it paid out in bonuses last year. And the new number, offered in a document submitted to Cummings on May 1, is the highest figure the company has disclosed to date. AIG now says it paid out more than $454 million in bonuses to its employees for work performed in 2008. That is nearly four times more than the company revealed in late March."

//www.truthout.org/050609N?n



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