Thursday, March 19, 2009

Headline DS Edition #49 - AIG Gives Back

AIG week continues here at Headline DS with "AIG CEO: Bonuses Returned," a headline from the March 19, 2009 edition of the Express. AIG CEO Edward Liddy requested that any AIG employee who received $100,000 or more in bonuses to return at least half that money. According to Liddy, who came out of retirement to help clean up AIG's mess receiving $1 annually in compensation, many have given back their entire bonus. I have to say, I'm surprised and impressed. Shouldn't have happened in the first place, but I'm impressed they're giving the money back. I guess they're not all evil on purpose.

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