SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (9387)3/16/2009 6:59:10 PM
From: pompsander1 Recommendation  Read Replies (2) | Respond to of 103300
 
Actually, I think these bonuses were paid earlier...and AIG did not want to reveal how the money was used. It is actually old money, but new news, if you will.

When the first massive bailout was made to AIG, at the Fed's direction, it was some of that money that found its way into the bonus pools and the payments to other banks.



To: GROUND ZERO™ who wrote (9387)3/16/2009 7:02:31 PM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 103300
 
"this is a second round of bonuses just issued late last week AFTER the second bailout arrived... no?"

No.

Annual, year-end bonuses.

Paid at the end of December.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News