Posts Tagged ‘retention bonuses’

AIG Owes Retention Payouts to Many Ex-Employees

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Published in CNBC January 21, 2010 by Reuters
A substantial number of AIG’s Financial Products employees set to get some $195 million in retention payments no longer work with the bailed out insurer, sources familiar with the matter said on Wednesday.
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Report Scores Treasury ‘Failure’ To Halter AIG Bonuses

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Published in National Underwriter October 14, 2009 by Daniel Hays

Treasury officials could have avoided the explosive controversy over American International Group bonuses if they had carefully examined the company’s compensation system, government investigators reported.

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Freddie Mac Pays $680,000 Bonus to Kellermann Estate

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Published in Bloomberg April 30, 2009 by Dawn Kopecki

Freddie Mac, the mortgage-finance company under federal control, paid $680,000 in retention bonuses to the estate of deceased Chief Financial Officer David Kellerman. 

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