The AIG Compensation Model

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The AIG Compensation Model

By Markham Lee on March 18, 2009 | More Posts By Markham Lee | Author's Website

I wish this was truly hyperbole…..

….but what else do you call it when bonuses are paid out to the employees of the division of AIG (AIG) that basically destroyed the company? Better yet, why keep these clowns around in the first place, are we supposed to believe that they’ve learned their lesson and will make better derivatives trades in the future?

Disclosure: at the time of publishing the author didn’t own a position in any of the companies mentioned in this article; the ideas expressed are solely the opinions of the author and shouldn’t be viewed as financial or investment advice.

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