Open

Coming up

Don't miss

Replay


LATEST SHOWS

THE OBSERVERS

Tribes revolt in New Caledonia and students rebuild homes in Libya

Read more

WEB NEWS

Ukraine: activists launch the "Blood Bucket Challenge"

Read more

THE WORLD THIS WEEK

The World this Week - September 19th, 2014

Read more

THE WORLD THIS WEEK

The World this Week - September 19th, 2014 (part 2)

Read more

IN THE PAPERS

Coalition split on 'English votes for English laws'

Read more

IN THE PAPERS

French papers react to Sarkozy's TV return

Read more

WEB NEWS

Brazil's presidential election seen from the web

Read more

WEB NEWS

Ivory Coast launches the "Soap Bucket Challenge"

Read more

#TECH 24

Anonymous Vs ISIS

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)