AIG Staff May Leave Over Bonuses

26 Nov 2009

American International Group employees tasked with unwinding its derivatives contracts are threatening to leave in March if they don’t get their promised retention bonuses.

American International Group employees tasked with unwinding its derivatives contracts are threatening to leave in March if they don’t get their promised retention bonuses. Staff in AIG Financial Products were promised USD198 million. The firm is under regulatory pressure to renege on its offers.

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