This is the biggest robbery in history

[spence]

Originally Posted by Backbeach Jake

Seems to me that these bonuses are incentive for further failure. Rewards for a job poorly done.

Even worse it's reflective of how some live in a different world than most of us. These execs were able to game the system and earn incredible sums of money for AIG. I think revenues went from 750M to over 3 Billion in just a few years. At that point you can pretty much write your own ticket and they did, asking that their 2007 bonus be written into the 2008 contract in advance.

Every person working in the UK office where the division was HQ'd was earning over 1M a year according to a news show I saw last night, I'm assuming they were not counting admins etc...

-spence