Don't miss

Replay


LATEST SHOWS

FRANCE IN FOCUS

France's chronic unemployment problem

Read more

EYE ON AFRICA

Candidates Goodluck Jonathan and Mohamudu Buhari call for calm

Read more

MEDIAWATCH

Anger at mental health stigmatisation after crash allegations

Read more

THE WORLD THIS WEEK

Yemen, the Escalation; France's Three Way Race; Clarkson Shown the Exit (part 2)

Read more

THE WORLD THIS WEEK

Germanwings Crash; Co-pilot 'hid illness' on crash day (part 1)

Read more

#THE 51%

The extraordinary tale of the Egyptian mother who lived as a man

Read more

REPORTERS

Video: San Cristobal, Venezuela's tinderbox

Read more

FOCUS

Portugal: Anger at corruption scandals, one year after bailout

Read more

YOU ARE HERE

Bistronomy: Stylish and simple eating

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)