Don't miss

Replay


LATEST SHOWS

EYE ON AFRICA

Papa Wemba is buried in Kinshasa

Read more

MEDIAWATCH

Some Republican Party members dump Trump for Hillary

Read more

MEDIAWATCH

Hollande unofficially kicks off his re-election campaign

Read more

THE DEBATE

President Trump? Celebrity billionaire confounds Republican party (part 2)

Read more

THE DEBATE

President Trump? Celebrity billionaire confounds Republican party (part 1)

Read more

THE INTERVIEW

Helen Clark: 'I’m the best person for the job of UN Secretary-General'

Read more

FOCUS

Gulf states starting to feel the pinch of cheap oil

Read more

DOWN TO EARTH

Fast fashion: Wearing the world out

Read more

Business

Eleven AIG executives quit despite bonus offers

Video by Yuka ROYER

Latest update : 2009-03-18

Eleven executives from troubled US insurance company AIG decided to quit despite being offered massive bonuses to stay. President Obama had lashed out at AIG paying huge bonuses after US taxpayers saved the company from bankruptcy.

AFP - Eleven executives at AIG quit the troubled insurance giant despite being paid bonuses of at least a million dollars each to stay, New York State Attorney General Andrew Cuomo said Tuesday.

"Eleven of the individuals who received 'retention' bonuses of one million dollars or more are no longer working at AIG, including one who received 4.6 million dollars," Cuomo said wrote in a letter to Barney Frank, chairman of the finance committee in the US House of Representatives.
 

Date created : 2009-03-17

COMMENT(S)