Former CEO Joins Obama in Pillorying Payout for AIG Derivative Traders
Add former AIG chief executive Hank Greenberg to the growing list of public figures fuming about the $165 million in retention bonuses awarded to executives at the bailed-out insurance giant.
Greenberg, who stepped down as CEO in 2005, told ABCNews.com that it was "mind-boggling" that AIG executives were promised retention pay in the first place.
Given how much the company has lost, "why would you make it up in bonuses? It's hard to understand," he said.
"I think many of the people who... Full Story
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