Cuomo: 73 AIG employees received bonuses of $1M

American International Group (AIG), the embattled insurance lender, paid 73 executives bonuses of $1 million or more, New York Attorney General Andrew Cuomo (D) said Tuesday.

AIG has come under fire for doling out $165 million in bonuses, which it has said were intended to retain its employees, after receiving $170 billion in taxpayer funding government bailout funds.

Cuomo, who has subpoenaed the names of who received AIG bonuses, wrote a letter to House Financial Services Chairman Barney Frank (D-Mass.) detailing his offices findings.

The top seven bonus recipients were given $4 million each and 22 employees received bonuses $2 million or more.

In addition to the statistics, Cuomo also contested AIG

Tags AIG bonus payments controversy American International Group Andrew Cuomo Andrew Cuomo Answers in Genesis Business Economy of New York City Insurance Labor Late-2000s financial crisis Law New York Person Career Quotation

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