Posts Tagged ‘economics’

American International Group, Inc. “Incents” its employees. Oh no!

Posted on February 9th, 2009 by by Administrator

American International Group (AIG) received $85 billion in U.S. taxpayer supported bailout money. Not soon after, AIG gave a reported half billion dollars including a stay in a luxurious resort to its top executives to keep them employed. An AIG spokesman explained, “It was a meeting to reward and incent independent sales agents.” [...]