Spitzer in the attempt to boost his own career (he was NYS AG at the time and was aiming for Governorship) ousted Hank Greenberg - the guy who founded AIG over 40 years ago and was the only guy who could run that company. After that the whole thing went south - I am not sure when they started selling those morgage default swaps, but it certainly accelarated after Greenberg was gone.

Greenberg is not a founder of AIG, he became a head of AIG after AIG founder retired. He was CEOof AIG for 40 years.

Говорят некоторые уже отказались от своих бонусов. Понимают что им эти деньги боком выйдут.

Except for AIG FP, it is a profitable company. Probably in a couple of weeks AIG will be separated in 2 parts. And not all people at AIG are croocks.

I was talking about those who get $165 mil. In the begining of this tema I said that I don't care if they get those bonuses.
No, you definately should not refuse your bonuses. I am sure you worked hard and deserve rewards irespective of poor desicions made by your CEOs

It is very sad that the whole company is under attack now. I work for data center and have no connection to any insurance business but now I am scared even to say that I work for AIG *-)

Thank Oleg for the spot light :-D
We should open new tema - Светлана Хавуля - место ли ей среди нас?
(fr)

i work for AIGCI - AIG Comercial Insurance, this is the core business of AIG and the one who is going to be separated from AIG Parent and we'll have totally different name which excludes the word "AIG"; our AIGCI did not have anything to do with the bonuses, its the AIG Parent who is responsible for everything
we dont even know anything about the bonuses
it is scary, we got e-mails today saying not to show AIG ID cards on the streets, it's insane :-S

Svetlama, raise is a different from the bonus; raise you get annualy based on your anniversary and its probably only about 3%, not like millions of dollars for bonuses

sveta, nobody is talking about u or other aig employees ... its all about ceos ...
u shouldnt worry ...