American International Group Video & Audio

“…on that until after the hearing because it may not be necessary. AIG has been falsely holding that up as a reason why they had to pay the bonuses to the very premise. The proposal by the Republicans is in question. But the Republicans point out that if bonuses paid last year are added in the total paid out by AIG so far is over 200 million dollars and there is 230 more million dollars in bonuses scheduled. That they say is why …”

“…At least one AIG executive will answered a state lawmakers in Connecticut who are looking into the multimillion dollar bonus scandal. Company points to a Connecticut …”

“…Secretary Timothy Geithner and Fed Chairman Ben Bernanke. About the controversy over AIG bonuses. But the Obama administration's. -- bank rescue plan may take center stage. The administration says the planned use 500 billion dollars …”

“…virtual that they are going to help us keep maximum pressure on AIG and any other institution that's receiving. A direct capital funds from the federal program. To give back the bonds although -- maker …”

“…people of the federal government to step into weight Lehman Brothers and AIG. . -- a Bear Stearns. And not be faced with a choice Eva paying everybody. We're paying nobody could go to both Detroit …”

“…And that of course would mean going to court AIG can go to court to try to quash the subpoenas if they want to that's going to happen -- have to happen quickly as I mentioned. That hearing is scheduled for Thursday that. -- anyway this thing can be settled without going to court -- heavy -- co chairs the committee say they would be willing to hear from just one corporate executive from AIG in a public -- they do want a public hearing so people can hear the explanation but then accept just one executive from AIG in public and it like to talk to the others interviewed them in private they say that's the way it's done in …”

“…Connecticut a battle is brewing over AIG state lawmakers. Want an explanation from company executives about that 165. Million dollars in bonuses that was handed out the executives. Do …”

“…Capitol Hill today this call for stricter regulatory oversight of companies like AIG. . The back story here appears to be that had they had that oversight earlier. They might have led AIG go wander. …”

“…were we so ill equipped to deal with a situation like an AIG given that only ten years ago -- gone through some devastating. Concerns like Enron and others and so it really seems as …”

“…President you spoke again at the top about your anger about AIG but saying that for days now. But why is it that it seems -- almost seems to be in New York getting …”

“…another crisis in ten or twenty years party. Scott back to the AIG bonuses quickly it seems over the last few days the president has been trying to lower the temperature for -- there's no doubt about that amused tone changed dramatically after the house voted last week. To target those taxes to take back this 165 million dollar bonuses of the AIG executives and he was on sixty minutes and that perhaps. That might be unconstitutional. So he's got a cool this anti AIG ferocity because it's now threatening to undermine. His efforts to develop the economy Scott -- tonight that a course NEC. …”

“…More than a dozen AIG executives say they're giving back here bonus money. The New York attorney general Andrew Cuomo said yesterday that fifteen of the top …”

“…Ben Bernanke will testify before the house about the government's oversight of AIG. . …”

“…set of them maybe you should give money back just like. The AIG executives they legally got a but frankly it breaks public trust them it's just too much. …”

“…company must purposely avoid any excessive and unwarranted compensation. We have pressed AIG to ensure that all compensation decisions are covered by robust corporate governance. Including internal review. Review of the competition committee the board of directors and consultations with outside experts. Operating under this framework AIG is voluntarily limited to salary bonuses and other types of compensation for 2008 at 2009. But the CEO and other senior managers. Moreover executive compensation must comply with the most stringent set of rules promulgate by the treasury for TARP fund recipients. The New York attorney general has also imposed restrictions on compensation and AIG. . Many of you have raced -- issues -- the -- the pay out of retention bonuses to employees at AIG FP. My reaction upon becoming aware of the specific payments was that notwithstanding the business purposes that might be her right action. He was highly inappropriate. To pay substantial bonuses to employees of division that had been the primary source of AIG's collapse. I ask that the air GOP payment he stopped. Those informed that they were mandated by contracts agreed to before the …”

“…with resulting severe stresses in the commercial paper market. As I mentioned AIG had about twenty billion dollars in commercial paper outstanding so what's failure would have exacerbated the problems of the money market mutual …”