AIG Bonuses Higher Than Thought: $218M

Five at firm got more than $4M: Blumenthal

By Matt Cantor, Newser Staff

Posted Mar 21, 2009 10:25 AM CDT

(Newser) – AIG documents show the firm paid out $218 million in bonuses—higher than the $165 million that had been disclosed, says Connecticut’s attorney general. The papers show five at the firm scored bonuses of more than $4 million, said Richard Blumenthal, whose office received the papers last night after issuing a subpoena, the AP reports. The new figures will “further fuel the justified anger and revulsion,” he said.

Hundreds of workers protest in the financial district before marching towards AIG offices Thursday, March 19, 2009, in Chicago. (AP Photo/M. Spencer Green)

An AIG office building in New York. (AP Photo/Mark Lennihan)

AIG Chairmen Edward Liddy testifies before Congress Wednesday. (AP Photo/Susan Walsh)

Connecticut Attorney General Richard Blumenthal testifies on Capitol Hill in Washington, Wednesday, May 16, 2007. (AP Photo/Susan Walsh)

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AIG Bonuses Higher Than Thought: $218M

Five at firm got more than $4M: Blumenthal

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Dodd Weakened by Outcry Over AIG Bonuses

Confusion over Conn. senator's role adds to mounting woes

NYT Takes Heat Over Blumenthal Video

In longer version, he speaks correctly about his record

Democrats Must Find New Candidate for Dodd's Seat—Now

Don't wait for fallout from Vietnam lie; I'll be fatal

Wall Street Bonuses Ripe for Tea Party Rage

Big finance could face populist pitchforks

AIG Execs Ignore Vow to Return Bonuses

Only $19M of promised $45M has been repaid

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AIG Bonuses Higher Than Thought: $218M

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OTHER STORIES ON OUR RADAR

Connecticut • AIG • bonuses • attorney general

MOST POPULAR STORIES

[ By Views ]

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More Newser Stories

Dodd Weakened by Outcry Over AIG Bonuses

Confusion over Conn. senator's role adds to mounting woes

NYT Takes Heat Over Blumenthal Video

In longer version, he speaks correctly about his record

Democrats Must Find New Candidate for Dodd's Seat—Now

Don't wait for fallout from Vietnam lie; I'll be fatal

Wall Street Bonuses Ripe for Tea Party Rage

Big finance could face populist pitchforks

AIG Execs Ignore Vow to Return Bonuses

Only $19M of promised $45M has been repaid

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Newser By Users

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