NYTimes.com: A.I.G. Bonuses of $50 Million Will Be Repaid

From NYTimes.com: A.I.G. Bonuses of $50 Million Will Be Repaid, Cuomo Says

The New York State attorney general, Andrew M. Cuomo, said on Monday that he had persuaded nine of the top 10 bonus recipients at the American International Group to give the money back, as the Senate retreated on plans to tax such bonuses.

“If the person returns the money, I don’t think there’s a public interest in releasing the names,” Mr. Cuomo said in a conference call with reporters.

I am somewhat surprised that they’ve managed to get 9 of 10 to return the bonuses.  But, I guess the “threat” of being outed to the angry masses was a pretty effective tool.

I wonder if they just can’t find the 10th guy or is the person thinking “screw you, I’m going to take my chances with the money”.

Previous Post Next Post

You Might Also Like

No Comments

Leave a Reply