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Keyword: aigspitzer

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  • Watch AIG's payouts, not the bonuses, Spitzer says

    03/19/2009 9:03:40 PM PDT · by Professional · 54 replies · 5,506+ views
    CNN ^ | 3/19/09 | cnn
    "Bonus is a real issue. It touches us viscerally," Spitzer said. But he added, "The real money and the real structural issue is the dynamic between AIG and the counterparties." "Virtually all" of the $80 billion-plus in the initial AIG bailout went to the company's counterparties, including nearly $13 billion to investment bank Goldman Sachs alone, Spitzer said. http://www.cnn.com/2009/POLITICS/03/19/aig.spitzer/