<tt id="6hsgl"><pre id="6hsgl"><pre id="6hsgl"></pre></pre></tt>
          <nav id="6hsgl"><th id="6hsgl"></th></nav>
          国产免费网站看v片元遮挡,一亚洲一区二区中文字幕,波多野结衣一区二区免费视频,天天色综网,久久综合给合久久狠狠狠,男人的天堂av一二三区,午夜福利看片在线观看,亚洲中文字幕在线无码一区二区
          WORLD> America
          AIG chairman inherits retention bonus mess
          (Agencies)
          Updated: 2009-03-18 21:18

          WASHINGTON – Edward M. Liddy, chairman and CEO of American International Group Inc. since last fall, has become the reluctant defender of princely employee bonuses that members of Congress - and much of the American public - find indefensible.


          American International Group offices in New York. [Agencies] 

          AIG, the giant insurance company that has received $170 billion in government assistance, is paying more than $200 million in bonuses to keep employees from fleeing its troubled financial products division. On Wednesday, Liddy was to pull up a chair at a congressional witness table and take the heat.

          The retention payments - ranging from $1,000 to nearly $6.5 million - were not his idea. Liddy himself is not getting a bonus. The deals were cut early last year, long before then-Treasury Secretary Henry Paulson asked Liddy to take over the company.

          "I do not like these arrangements and find it distasteful and difficult to recommend to you that we must proceed with them," Liddy wrote to the current treasury secretary, Timothy Geithner, over the weekend.

          But the payments went out. Congress is in a lather and wants the money back. And Liddy, who had been scheduled to testify about AIG before the bonus story took root, is a timely target.

          The clamor over compensation overshadowed AIG's weekend disclosure that it used more than $90 billion in federal aid to pay out to foreign and domestic banks, including some that had multibillion-dollar US government bailouts of their own. AIG is the single largest recipient of government assistance - a company whose financial transactions were so intricate and intertwined that it was considered simply too big to fail.

          Related readings:
           Bonus furor may prompt limits on AIG bailout money
           Livid Democrats demand AIG return bailout bonuses
           AIG bonus payout riles politicians
           Administration, lawmakers turn up heat on AIG over bonuses

          In an essay published Wednesday in The Washington Post, Liddy wrote: "The company's overall structure is too complex, too unwieldy and too opaque for its component businesses to be well managed as one entity. So the strategy we continue to pursue ... is to isolate the value in the company's component parts, capture that value to pay back money owed to the government, and allow AIG's healthy insurance companies to continue to prosper for the benefit of policyholders and taxpayers."

          Lawmakers already were troubled by the idea of an institution that could single-handedly topple the financial system. Now, Liddy will appear before a House Financial Services subcommittee just as lawmakers from both parties are casting his company as the symbol of excess and abuse of taxpayer dollars.

          Meanwhile, Rep. Barney Frank, chairman of the Financial Services panel, said he hopes Congress can rewrite a Depression-era law the Federal Reserve used to plow $85 billion into AIG, without conditions and without the need for congressional approval.

          "The federal government is a major owner of this company. We're the owners, not just the regulators, Barney, D-Mass., said Wednesday on CBS's "The Early Show."

          "It is my hope that before much further, we will amend that statute," he said. Frank said the mere existence of the 1932 statute enabling the Fed to make the direct payment rendered a no-strings bailout as "a fait accompli."

          Rep. Carolyn Maloney, a New York Democrat who is on Frank's committee, said that "Congress is going to recoup this money."

          Maloney said this will happen one way or another, "whether it's through taxes, through a contract change. They say you can't change a contract. We change contracts all the time."

          Maloney said on NBC's "Today" show that "we're looking at a number of proposals."

          Congress and the Obama administration on Tuesday appeared to race each other to find ways to strip bonus recipients of their money. The Democratic chairman of the Senate Finance Committee, Max Baucus of Montana, and the panel's top Republican, Charles Grassley of Iowa, immediately proposed legislation that would require companies and individuals to pay a 35 percent tax on all retention awards and on all other bonuses over $50,000. Others suggested even higher tax rates.

          "If you don't return it on your own, we will do it for you," said Sen. Charles Schumer, D-N.Y.

             Previous page 1 2 Next Page  

          主站蜘蛛池模板: 日本变态网址中国字幕| 国产成人亚洲精品无码综合原创| 国产午夜福利在线视频| 夜夜摸日日摸视频| 国产目拍亚洲精品区一区| 妺妺窝人体色www看美女| 毛片亚洲AV无码精品国产午夜| 亚洲最大成人网色| 国产av一区二区三区区别| 国产精品成人久久电影| 99久久精品美女高潮喷水| 免费日韩av网在线观看| 内射干少妇亚洲69XXX| av天堂久久天堂av| 亚洲中文字幕在线精品一区| 男人猛躁进女人免费播放| 99久久精品视香蕉蕉| 人妻丰满熟妇av无码区hd| 欧美极品色午夜在线视频| 亚洲欧美日韩中文字幕网址| 午夜成人无码免费看网站| 亚洲AV永久无码精品一区二区国产| 日韩精品卡1卡2日韩在线| 久久久久青草线蕉亚洲| 国产一区二区在线观看的| 亚洲精品天堂成人片AV在线播放| 在线看av一区二区三区 | 久久精品这里只有国产中文精品| 国产精品白丝一区二区三区| 亚洲综合一区二区三区| 日本道之久夂综合久久爱| 性视频一区| 人人妻人人澡人人爽| 成人午夜在线观看日韩| 国产成人无码区免费内射一片色欲| 日韩精品人妻系列无码av东京| 高清免费毛片| 97中文字幕在线观看| 性欧美精品xxxx| 精品一区二区成人码动漫| 影音先锋2020色资源网|