Greenwich Time Managing Editor Sat On His Rear End As The NY Post And Later The CT Post Showed Up At Jimmy Haas' Front Door And Made Him CryBruce Hunter Makes Sure That The Greenwich Time Reporters:
*See No Backcountry Bonus Money,
*Hear Nothing About Backcountry Bonus Money
*Or Report On Any Backcountry Bonus Money
Backcoutry Residents Are Scared To Death That Out Of Town Newspapers Will Show Up In Greenwich And Do Failed Hearst Newspaper Managing Editor Bruce Hunter's Job -
Greedy Backcounrty Residents Who Are Sitting On Taxpayer Bonus Money Should Realize That It Is Not A Matter Of If Out Of Town Newspapers Will Out Them ..... It Is Only Matter Of When They Get Outed For Stealing From Their Neighbors
Greedy Greenwich Backcountry Hogs Should Realize That It Is Not Too Late To Return Your Neighbors Money, Before The Out Of Town Newspapers Show up
AIG BIGWIG HAAS GIVES UP BONUS $$
New York Post
By CHRISTINA CARREGA IN FAIRFIELD, CONN.
and JEANE MACINTOSH IN NEW YORK
With everyone in Washington having dropped the ball on bailout bonus bucks, at least somebody's doing the right thing.
Beleaguered AIG bigwig James Haas, who bagged a multi-million dollar bonus, said today he's given all the money back in the face of explosive criticism that has led to him and other execs getting death threats.
"I have rescinded my retention contract," a tired and tearful Haas, co-leader of North American marketing for AIG's troubled Financial Products unit, told The Post.
Speaking inside his hilltop Connecticut mansion, Haas - eyes welling with tears - declined to discuss the matter further.......
This Is The First Bonus And Covers December 01, 2007 To November 30, 2008 That Was To Be Paid No Later Than March 15th of 2009.
Most People Including Clueless Greenwich Time Managing Editor Bruce Hunter Don't Realize That The Clock Is Already Ticking On A Second Round Of Bonus Payments.
The Second Bonus Payments Cover December 01, 2008 To November 30, 2009 That Was To Be Paid No Later Than March 15th of 2010.
The story of Merrill Lynch's $3.6 billion bonus bonanza belongs in an entirely different league. Many of the details have already been disclosed, but they are making headlines again this week because a judge upheld the right of New York Attorney General Andrew Cuomo to disclose the names of Merrill executives who shared in the payout just before the crumbling brokerage was sold to Bank of America Corp. late last year.
Merrill accelerated its normal bonus schedule so the awards took place just days before Bank of America acquired the company at the end of 2008. A couple of weeks later, executives suddenly discovered Merrill was bleeding to the tune of $13.8 billion during the final quarter of the year
Did You Hear About This:
Jackpot Jimmy Haas had another tearful New York Times interview.
At at the end of the interview he had one request:
“Leave my neighbors alone.”
Too late. Jean Wieson, who has lived down the block for 24 years, had stopped her car in front of Mr. Haas’s house before he arrived home. She was angry about the millions of dollars in bonuses paid to its executives, the credit-default swaps that brought American International Group to its knees, the $170 billion the federal government has spent to prop it up. "It makes me absolutely sick," she said. "It’s despicable. It’s disgusting what these people have done. They should be forced to give every cent back."
UPDATE #2
Jackpot Jimmy Haas Is Really Going To Start Crying Now
Greenwich Resident Richard Blumenthal Just Sent Him A Subpoena
Connecticut, 19 other states launch AIG investigations
CNN International
Twenty state attorneys general announced investigations Friday into the $165 million bonuses paid by insurance giant AIG last week, with Connecticut's top lawyer issuing subpoenas to CEO Edward Liddy and 11 other executives.
Connecticut Attorney General Richard Blumenthal and the Democratic chairman of the General Assembly's Banks Committee want Liddy and other executives to appear Thursday and bring with them "original or copies of documents regarding the AIG Financial Products Corp. retention bonus plan and any related contracts or agreements."
"Now living off supersized taxpayer-paid bonuses, these AIG employees have a moral and legal obligation to appear at this legislative hearing and disclose details about corporate compensation to employees as well as investment decisions by AIG Financial Products Corp. involving credit derivatives and dealings that have led to market destruction," said Blumenthal, a Democrat.
AIG officials are citing a Connecticut law to justify their payment of the bonuses. The law says that employees can sue in civil court for payments withheld that are due them and recoup double the amount of money. Many AIG employees live in Connecticut.
New York Attorney General Andrew Cuomo is already investigating AIG's bonus payments, and on Thursday received a list of employees who received bonuses that he had demanded a day earlier.
It was not clear where Blumenthal got the list of executives he subpoenaed. At least one of them, Doug Poling, is know to have received a retention bonus. Earlier Friday, Poling, a senior executive, announced through a company spokesman that he would be returning the $6 million he received.
The attorneys general of Arizona, Delaware, Illinois, Kentucky, Louisiana, Maine, Michigan, Mississippi, Montana, Nebraska, New Jersey, New Mexico, Ohio, Oklahoma, Oregon, Pennsylvania, Texas, Washington and West Virginia have also launched investigations. New Jersey Attorney General Anne Milgram said all 19 state attorneys signed a letter to Liddy demanding names and documents concerning the bonuses.....
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