From Pine View Farm

Pay for Performance 2

This just gets more surreal (emphasis added):

AIG, which has taken taxpayer funded bailouts totaling $173 billion, has also budgeted $57 million in “retention” pay for employees who will be dismissed, according to a March 2 filing to the Securities and Exchange Commission.

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2 comments

  1. Karen

    March 18, 2009 at 7:27 am

    According to Olbermann last night, they paid “retention” bonuses to employees WHO NO LONGER WORKED FOR AIG.

    If that’s not enough to anger people, I really don’t know what would do it.

     
  2. Frank

    March 18, 2009 at 8:00 am

    Words fail me.