Published in the New York Times March 25, 2009 by Eric Dash and Jonathan D. Glater
Before the furor over pay at A.I.G., most Americans probably had never heard of a retention bonus. But like C.D.O. and credit-default swap, the term, a bit of sugar-coated corporate-speak, is quickly entering the popular lexicon. Retention bonuses, it turns out, are not uncommon in corporate America — or indeed among companies that have been bailed out by taxpayer dollars.