Quote:
Originally Posted by count of monte cristo
its not one person that runs aig, its thousands. all of the the people that got bonuses could have been working 100 hours a week, making a ton of $$ for the company, and minimized AIGs losses.
its not a matter of being a great businessman, its an agreement where, you do this, in exchange for this.
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the bonuses are retention bonuses so the recipients don't leave with their client lists. the bonus is not tied to performance in any way.
moreover, the bonus recipients are all from the cds trading wing of aig, the ones responsible for the epic fail.