Activists protest outside AIG execs' homes

ByABC News
March 22, 2009, 12:59 AM

FAIRFIELD, Conn. -- Longtime pillars of the community are now pariahs living in fear, hiding behind locked gates and security guards amid the public outrage over bonuses paid with taxpayer bailout money.

Payouts by American International Group Inc. appear to have put a face on the economic struggles the country faces, and the anger targeting AIG executives living in this ritzy area of Connecticut is palpable. Death threats have been pouring in since the brouhaha broke, the company said, and its workers are taking no chances.

"It's scary," one executive said, speaking on condition of anonymity because he feared retribution. "People are very, very nervous for their security."

The financial products division is in Wilton in Fairfield County, and many of the company's leaders live in large homes on the "Gold Coast," an area known more for golf courses and sweeping views of Long Island Sound than for the police cars that now regularly patrol the well-kept streets.

Corporate officials advised employees in a memo later posted on Gawker.com to avoid wearing the company logo, in an effort to keep from drawing attention. Workers were also urged to travel in pairs at night and park in well-lit areas.

Typifying the preoccupation with AIG payouts, a busload of activists outnumbered 2-to-1 by reporters and photographers protested outside the homes of AIG executives in Connecticut Saturday.

About 40 protesters parked at a cul-de-sac Saturday afternoon and walked to the Fairfield home of Douglas Poling. They were met on the curb by two security guards, and one activist read a letter detailing the financial struggles that many Connecticut residents have faced. The group then left the note in Poling's mailbox.

Polling already agreed to forfeit his bonus, but the protesters want AIG executives to do more to help working families.

AIG said Friday that at least three executives who received bonuses planned to return the money, including James Haas and Doug Poling, both residents of Fairfield County.