Saturday, December 13, 2008

AIG's SBD Fart

"recipients were ordered to keep the payment secret"

But you can STILL SMELL IT!!!!!

Related:
The Anal Retentive Executives at AIG

"Report: AIG is giving retention awards to 2,000

American International Group, the US insurer under fire for paying 168 executives not to quit after a government takeover, is giving retention awards to at least 2,000 employees, according to a person familiar with the matter. The "retention bonus" equals as much as a year's salary and recipients were ordered to keep the payment secret, said the person, who declined to be named because the plan was labeled confidential. Awards were offered to as many as 10 percent of staff at businesses that are for sale, the person said. --more--"

That's what your bailout $$$ is going for, 'eh, Amurka?