NY AG gets list of AIG workers who got bonuses
New York's attorney general says American International Group Inc has given him the list of employees who received a total of $165 million in retention bonuses.
By Agencies |
NEW YORK: New York's attorney general says American International Group Inc has given him the list of employees who received a total of $165 million in retention bonuses.
Attorney General Andrew Cuomo said he won't release any employees' names until his office has answered any security concerns raised by the AIG employees.
He also said he will work with AIG in the coming days to determine which workers have decided to return the payments.
Cuomo had sought the names from AIG chief executive Edward Liddy through a subpoena. The deadline was Thursday.
AIG has been come under sharp criticism from government officials including Cuomo and President Barack Obama for paying retention bonuses to employees in the unit that led to the insurer's near-collapse. AIG has gotten $182.5 billion in federal aid.
Attorney General Andrew Cuomo said he won't release any employees' names until his office has answered any security concerns raised by the AIG employees.
He also said he will work with AIG in the coming days to determine which workers have decided to return the payments.
Cuomo had sought the names from AIG chief executive Edward Liddy through a subpoena. The deadline was Thursday.
AIG has been come under sharp criticism from government officials including Cuomo and President Barack Obama for paying retention bonuses to employees in the unit that led to the insurer's near-collapse. AIG has gotten $182.5 billion in federal aid.
Download
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
ADVERTISEMENT
