As reported here Feb 2009 - on top of the past TARP recipients "Retention Awards" over $5 B (not a typo) including to brokers and financial advisers at Merrill Lynch, Smith Barney and Morgan Stanley but not Wachovia - this time, as reported today in Investment News AIG's broker dealers will issue "the newest such Retention Bonuses" in amount which is unknown.
See full story here http://www.investmentnews.com/apps/pbcs.dll/article?AID=/20090902/REG/909029985/1094/INDaily01
Wonder where all that CASH is coming from - but there is a better way to pay - pay it in AIG Stock - not US Taxpayer cash!
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