Here is a list of A I G executives that condoned, overlooked or planned the screw-ups that are now costing the US tax payers BILLIONS of dollars. The list includes 1 CEO, 2 Vice Chairs, 8 Executive Vice Presidents & 5 Senior Vice Presidents.
1)CEO: Martin Sullivan
2)Senior Vice President Life Insurance: Edmund Tse
3)Vice Chair, Global Economic Strategies: Jacob Frankel
4)Vice Chair, External Affairs: Frank Wisner
5)Executive Vice President & Chief Financial Officer: Steven Bensinger
6)Executive Vice President: General Counsel & Senior Regulatory Officer: Anastasia Kelly
7)Executive Vice President Domestic General Insurance: Kristian Moore
8)Executive Vice President Life Insurance: Rodney Martin Jr
9)Executive Vice President & Chief Investment Officer: Win Neuger
10)Executive Vice President Domestic Personal Lines: Robert Sandler
11)Executive Vice President Foreign General Insurance: Nicholas Walsh
12)Executive Vice President Retirement Services: Jay Wintrob
13)Senior Vice President Financial Services: William Daily
14)Senior Vice President Comptroller: David Herzog
15)Senior Vice President Chief Human Resources: Andrew Kaslow
16)Senior Vice President Chief Risk Officer: Robert Lewis
17)Senior Vice President Strategic Planning: Brian Schreiber
With all these EXECUTIVES with words like President, Senior or Chief in their titles you'd figure someone would have been in control.
State Attorney General Andrew Cuomo has issued subpoenas in an effort to retrieve details from American International Group (AIG) on the hundreds of millions of dollars the insurance giant is set to pay out in bonuses to executives.
He says his office will investigate whether those receiving the payments were involved in the insurance giant's decline and whether the payments are fraudulent under state law.
"I believe in transparency and disclosure. This is taxpayer money, and the taxpayers are providing these funds at a very, very difficult time. And we want transparency and disclosure. We believe the taxpayers have a right to know what's happening with their money," said Cuomo.
Mr. Burns is alive and well in America! Homer Simpson gets to pay the bill once again.