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It’s time to pull the pants off of executive pay and fully expose the manner in which so many companies compensate those in the corner office. AIG is not the first, nor will it be the last company to grossly overpay executives for failing and royally screwing up. They just happen to be the biggest [...]
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In the 4th quarter of last year AIG posted a record loss of $62 billion. The company is a global behemoth with more than 70 million policies in roughly 130 countries around the world.
AIG was one of the first firms that received early bailout money. By most accounts it was deemed as a company that [...]
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