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Visit nelson-395297's column >>

NELSON-395297

Articles Posted: 0  Links Seeded: 5
Member Since: 7/2008  Last Seen: 5/16/2012

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AIG cuts outgoing executive's golden parachute

Seeded on Thu Oct 16, 2008 10:05 PM EDT
Read ArticleArticle Source: msnbc.com
business, government, enforcement, us-business, regulatory, msnbci
Seeded by nelson-395297
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AIG said it has canceled a multimillion dollar severance package for its departing chief financial officer and will cooperate in a New York state review of other executive pay deals.

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  • Public Discussion (9)
nelson-395297

Good for Mr. Cuomo. The AIG crooks will still find ways to stack their pockets with more money, though, thru delayed compensation and other means to justify the end. The public who is paying for the bailout should be informed of the exact amount of any kind of compensation these despicable characters receive.

  • 2 votes
Reply#1 - Thu Oct 16, 2008 10:05 PM EDT
JetRanger

Throw the Corrupt CEO- CFO- COO off a freeway over pass into high speed moving traffic !!!!

  • 1 vote
Reply#2 - Thu Oct 16, 2008 10:19 PM EDT
Robert P-446466

Go after these idiots. They took a bailout not once but, twice.  Trips to a spa and Europe.  And then they have these big fancy homes and so forth.  And laugh in the face of the same people who bailed your sorry butts out.  The taxpayers.  The only compensation they should get is no money and eveything they own taken away to pay for the bailout.  I want to see these guys in jail for fraud and money laundering.  Cause that what they did to us the taxpayers.

  • 2 votes
Reply#3 - Thu Oct 16, 2008 10:31 PM EDT
victoria66

Way to go, Cuomo. Finally, someone who is willing to shake it up. All of the CEO's and executives who were part of this financial meltdown' should face the same consequences. It should not matter who they are, who they know, or who they paid off, they should go down. Seize all their assets, and property, including money stashed  in foreign bank accounts. They knew they were wrong, and now its time to pay the piper. Do the crime, do the time, fools. One thing about it, not many people can say they completely wiped out the company where they worked. Great job, morons.

  • 2 votes
Reply#4 - Thu Oct 16, 2008 10:52 PM EDT
LM-601014

They really took a hard stance on this one!  What a blow

  • 1 vote
Reply#5 - Thu Oct 16, 2008 11:02 PM EDT
Debbie McCarten

I for one would like to see proof of what is going on.  So far it is all talk.  Open the books to the public..............after all we do hold the majority of the stock now.

    Reply#6 - Fri Oct 17, 2008 4:58 AM EDT
    Jimbo-427103

    My hat is off to Andrew Cuomo..  He is the first elected official in this country to stand up to "big business"..   Nice to know that there are officials who are not afraid to do someting about corporate excesses..  Mr. C - - would you consider running for president in 2012???

      Reply#7 - Fri Oct 17, 2008 7:44 AM EDT
      Birds1603

      I believe Elliott SPitzer stood up to big business too...

        #7.1 - Fri Oct 17, 2008 10:17 AM EDT
        Reply
        irrert

        they are an arrogant bunch thinking they are beyond the reach of the law.  reign them in, strip these men of their assets.  and by the way why is aig paying for their employees and business partners to go kill animals.

          Reply#8 - Fri Oct 17, 2008 8:59 AM EDT
          roket101

          The little guys like us are finally getting these stiffs to take notec....due to Mr. Cuomo and all of us blitzing this company with email at how mad we are ....they are feeling it people....I emailed twice to them and got a response and now see at the end of this last article that they are cancelling 160 conferences to the tune of 8 million in savings to pay for their poor choices in leadership.   Just know  that this company is scrambling to recover from this PR nightmare....Liddy is saying the right things....let's just hope his actions match his earnestness to cooperate with Cuomo.   It's time to start watering this grassroots movement.  We are the little guy...but united together we are a sleeping giant that has been awakened by the depth of this corruption.  Keep blitzing AIG with your emails and spread the word it's as easy as typing a 5 minute message. 

            Reply#9 - Fri Oct 17, 2008 8:30 PM EDT
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