16th
March
2009
A.I.G. Contracts
posted in Technology |Some progress finally-The New York Times is reporting that the NY Attorney General is investigating the A.I.G. contracts with employees-
“In his letter, sent to Edward M. Liddy, A.I.G.’s government-appointed chief executive, Mr. Cuomo said that he has investigated the insurance company’s compensation plan since last fall. The attorney general is seeking the list of employees who will receive these bonuses, as well as their job information and performances. Mr. Cuomo said that the company had failed to heed a previous request for this list.
He is also demanding the contracts guaranteeing these bonuses and the names of individuals who developed and negotiated the agreements.”