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15%  
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Keyword: willimstad

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  • ex-AIG head rejects severance package

    09/22/2008 7:14:51 AM PDT · by grandpa jones · 12 replies · 111+ views
    Nuke's News & Views ^ | 9/22/08 | NN&V
    Robert Wilumstad, the former CEO of insurer AIG said no to a $22 million dollar severance package that he was entitled to under the terms of his employment contract. After being ousted as a condition of the Federal takeover, Willumstad’s decision to reject the deal is a bright spot in an otherwise cloudy situation.