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Daily Intelligencer - New York Magazine (Free subscription) | 25/11/2008
It's a self-righteous showdown! Last week, Attorney General Cuomo, whose pants have been ablaze over executive bonuses this holiday season, fired off a poison-pen letter to AIG CEO Edward Liddy, formerly of Goldman Sachs, who joined the company in September after it was bailed out by the government and immediately stepped right in it with the whole spa imbroglio . Cuomo reminded Liddy...
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Market Watch (Free subscription) | 25/11/2008
SAN FRANCISCO (MarketWatch) -- American International Group Inc. said Tuesday Chairman and Chief Executive Edward Liddy will receive a salary of $1 for 2008 and 2009. The insurance giant also said there will be no 2008 annual bonuses nor salary increases through 2009 for its top seven officers as a part of its voluntary restrictions on executive compensation. In addition, 50 of its next-highest...
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CEOWORLD Magazine (Free subscription) | yesterday
... (0) September 17, 2008 -- Review and analysis on AIG Bailout: Robert Willumstad may be replaced by Edward Liddy (0) November 15, 2007 -- NeverMissAnotherBirthday.com: a virtual event concierge service (0) March 15, 2007 -- Data management briefing: CDI with Jill Dyche (0) January 3, 2008 -- Women’s advocate is passionate about her calling (0)
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Nevada Thunder (Free subscription) | 29/11/2008
... clearly violates the spirit of AIG saying they’ll forgo their bonuses.” Chief Executive Officer Edward Liddy is encouraging top employees at AIG subsidiaries to remain so the units retain their value while he finds buyers. The insurer is selling businesses, including the U.S. retirement group Wintrob heads, to repay a $60 billion loan included in the expanded government rescue package...
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San Diego Union (Free subscription) | 26/11/2008
CHARLOTTE, N.C. – American International Group said yesterday it is limiting how much it pays top executives, including granting a $1 salary for this year and the same for 2009 to Chief Executive Edward Liddy.
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Politalking (Free subscription) | 26/11/2008
The top seven executives that make up their AIG Leadership Board will not receive any bonuses for 2008 according to a statement from AIG CEO Edward Liddy. This is the first sign that the guys at the top of the pile at AIG are starting to see how they’re coming across in the public eye, [...]
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Denver Post (Free subscription) | 26/11/2008
American International Group said Tuesday it is limiting how much it pays its top executives, including granting chief executive Edward Liddy a $1 salary for this year and the same for 2009.
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Seattle Post-Intelligencer (Free subscription) | 26/11/2008
CHARLOTTE, N.C. -- American International Group Inc. said Tuesday it is limiting how much it pays its top executives, including granting a $1 salary for this year and the same for 2009 to Chief Executive Edward Liddy.
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Financial Time (Free subscription) | 26/11/2008
AIG has frozen the salaries for its top seven executives, with the chief executive Edward Liddy agreeing to be paid a symbolic sum of $1 for his work this year and next
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The Washington Times (Free subscription) | 25/11/2008
American International Group is limiting how much it pays its executives, including granting a $1 annual salary for this year and next year to its Chief Executive Officer Edward Liddy.
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Should Be a Feed (Free subscription) | 26/11/2008
View wireless version here: http://r.smartbrief.com/resp/njAApOlSfhuawkCibSlOgrBd November 26, 2008 We review these sources for you each day. The Big Idea AIG CEO to get $1 salary Bailout beneficiary AIG will pay its chief executive, Edward Liddy, a mere $1 for his work this year and next, and it is freezing the salary of six other top executives. Liddy will get no bonus but does...
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CNNMoney.com (Free subscription) | 25/11/2008
AIG Chief Executive Edward Liddy agreed to slash his annual salary to $1 as part of a series of voluntary pay restrictions by top executives tied to a massive $150 billion government bailout.
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Reuters (Free subscription) | 25/11/2008
NEW YORK (Reuters) - American International Group Inc Chief Executive Edward Liddy will receive $1 in salary this year and next, and there will be no 2008 bonuses for the company's seven most senior executives, the troubled insurance conglomerate said on Tuesday.
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The Washington Times (Free subscription) | 26/11/2008
NEW YORK | American International Group Inc., under pressure to limit executive compensation after a U.S. bailout, froze pay and scrapped bonuses for seven top managers and said Chief Executive Officer Edward Liddy will get a $1 salary.
