AIG Pulls Fast One – “Cash Awards” Going To Managers

“Retention bonuses” strike again…

When you are a pro at a scam–the definition of “scam” also can be found under the term “insurance industry” — you know how to try to pull a fast one. And AIG is trying to pull one — under cover of the holidays. Check this out. You may remember that AIG — which is afloat only thanks to a bailout by you, the taxpayer, to the tune of $152 billion and counting–made a whole lot of public relations when its top seven executives agreed not to take bonuses this year. – From the Huffington Post