retention payments

Remember How Mad You Were About Those AIG Bonuses? They're Bigger Than You Thought

Remember How Mad You Were About Those AIG Bonuses? They're Bigger Than You Thought

By 5.5.09

So, remember those bonuses everyone was so mad about? Well, it turns out that they were bigger than originally disclosed. A lot bigger.

AIG To Give Executives "Retention Payments" Instead Of "Bonuses"

AIG To Give Executives "Retention Payments" Instead Of "Bonuses"

By 12.11.08

CBSNews says that AIG will be suspending “bonuses” for executives and will instead replace them with “retention payments.” We’re not entire sure what the difference is and the government doesn’t know either.