AIG: “Retention” Payments for Leaving?!?!?!
I’m guessing that the American taxpayers just paid 11 AIGFP former employees retention bonuses even though they have already left AIGFP because they left “for good reason.” Huh!?!?!?
Author Archive for: emptywheel
Entries by emptywheel
Time to Get Geithner under Oath on AIG
Over the weekend, Tim Geithner told the American taxpayers that AIG just had to pay out those millions in bonuses. But now we learn from Andrew Cuomo what was in those contracts, and it sure sounds like Geithner was lying to us.
Two BIFFOs Celebrate St. Paddy’s Day
May you be graced with trolls who will help you find the only Beamish on tap in Boston.
Win the Super Bowl? Win a Long Trip to Ireland!!!
A nice touch, announcing this on St. Paddy’ Day:
President Barack Obama today announced his intent to nominate Steelers owner Dan Rooney as ambassador to Ireland.
In a statement from the White House, Mr. Obama said, “I am honored and grateful that such a dedicated and accomplished individual has agreed to serve as the representative of the United States to the Irish people.
Greg Craig Won’t Tell You How Obama Disappeared the Whistleblowers
Some lawyer who looks remarkably like Greg Craig doesn’t want you to know whether or not Obama will prosecute whistleblowers.
Lawyers Revolt Against Haynes And Yoo; Where’s The OPR Report?
Well, as a card carrying member of the bar, I have to say it is about time that American lawyers learned something from their feisty compatriots in Pakistan. Sure enough, they have done exactly that as the National Lawyers Guild is going after Haynes and Yoo.
AG “Paunch” Sulzberger Fellates Dick
Remember how, on two different occasions, Arthur “Pinch” Sulzberger went out of his way to hide Dick Cheney’s crimes? Well now he’s got his son doing it for the family paper.
Obama to Geithner: Get That Bonus Money Back
It sounds like Obama has told Tim Geithner to go back to Edward Liddy and explain that $100 million bonuses are unacceptable.
I’m glad that Obama did this (after seeing the outrage in Congress no doubt). I’m still astounded that Geithner needed to be told. And I’m still suspicious that Geithner was responding to threats from AIG that no one is much talking about.
The Semtex in the AIG Retention Contracts
AIG seems to be saying to Tim Geithner that, if the US doesn’t let AIG pay its AIGFP managers their bonuses, those managers might trigger events that would put the US government on the line for billions more in payments.
Dear W,
I’m still angry that you did not pardon Scooter. And I consider it fair game for my memoir. Love, Dick
