The XX Factor : AIG

Closing the Gender Gap in Greed

Jessica Grose — Wed, 30 Dec 2009 17:38:00 GMT

ABC News has a story on Anastasia Kelly , an AIG executive who resigned alongside male execs who were protesting the Obama pay cap of $500,000 a year. Because they resigned before the pay cap went into effect, they got millions of dollars in severence...(read more)

Faithful and True?

Ellen Tarlin — Wed, 08 Apr 2009 15:15:00 GMT

So I'm reading the most recent issue of the Economist (April 4-10, 2009), and on Page 9 is an ad for Fidelity Investments, which reads like so: In medium-size bold type at the top: Retirement income guaranteed. In very large bold type in the top-third...(read more)

The People's Sub-Zero Fridge

Kerry Howley — Thu, 19 Mar 2009 15:53:00 GMT

Congress spent yesterday grilling a guy who wasn't working for AIG when the infamous bonuses were drafted. Meanwhile, Fannie Mae—an organization that has requested $15 billion in bailout cash—plans to reward some of its top executives with AIG-like bonuses....(read more)

The Seppuku Solution

Kerry Howley — Tue, 17 Mar 2009 17:56:00 GMT

Senator Chuck Grassley, Republican from the great state of Iowa, ponders the AIG bonus scandal: I would suggest the first thing that would make me feel a little bit better toward them if they'd follow the Japanese example and come before the American...(read more)