THE FAILURES:
Hearst Newspaper President Steven Swartz Has Doomed His "100 Days Of Change" Initiative To Failure, Because He Continues To Employ An Incompetitant Editor At The Greenwich Time
Apparently, Greenwich Time Managing Editor Bruce Hunter Has No Contacts In The CT AG's Office
Hearst Newspaper Managing Editor Bruce Hunter Is A Sleep At The Switch As Out Of Town News Organizations Are Covering The Story In The Greenwich Time's Backyard
Ex- Greenwich Time Managing Editor And Now Hearst Newspaper Reporter Jim "I Like Writting About Beer" Zebora Is Clueless That AIG Lied And Paid Out An Additional 53 Million In Tax Dollars To The Jackpot Jimmys At AIG
THE QUOTE:
'If the numbers are changing, we want to know what number is accurate.' — Richard Blumenthal, Connecticut attorney general
THE STORY:
Conn. official says AIG underestimated bonus pool
MarketWatch
Wallace Witkowski - MarketWatch Bussiness News Editor In San Francisco
American International Group Inc. paid out millions more than previously reported in bonuses to employees of its troubled financial-products unit, according to Connecticut Attorney General Richard Blumenthal, the state official's office said Saturday, citing documents subpoenaed from the insurer.
Employees of the company's financial-products unit were paid $218 million in retention bonuses rather than the $165 million reported last week, according to Blumenthal's office
The attorney general's office received subpoenaed documents from AIG (AIG) late Friday and has commanded AIG Chief Executive Edward Liddy and 11 other employees to appear at a March 26 hearing. Other AIG employees subpoenaed are Douglas Polling, James Haas, Jonathan Liebergall, Christopher Phole, Steven Pike, Robert Powell, Joseph Rooney, Gregory Ruffa, Leonid Shekhtnam, Christian Toft and Steven Wagar.
"We want to know there is a full accounting at this point," Blumenthal told CNN in a phone interview. "If the numbers are changing, we want to know what number is accurate, what time periods are covered, but most important how we recover that money because these bonuses should have never been paid."
TAXPAYER FUNDED MULTI MILLION DOLLAR
The AIG Employee Retention Plan That Is Causing
Has Two Componets
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 The Clueless Bruce Hunter Don't Realize That The Clock Is Already Ticking On A Second Round Of Bonus Payments.
The Is Second Bonus Payments Cover December 01, 2008 To November 30, 2009 That Was To Be Paid No Later Than March 15th of 2010.
San Francisco Market Watch Business Editor
UPDATE:
03/22/o8
2AM
Virtually Every Newspaper In America Has Reported On The Fact That Greenwich Resident Richard Blumenthal Says AIG Gave Out An Additional $53 Million Bucks
Only One Hearst Newspaper Left It's Readers In The Dark......
The Greenwich Time
AIG bonuses $218 million, not $165 million, AG says
Los Angeles Times
AIG Financial Products handed out $218 million in bonuses, not $165 as had been previously reported, Connecticut Attorney General Richard Blumenthal said ...
Reports: AIG Gave Out $50 Million More in Bonuses
Voice of America
Published reports Saturday say documents submitted to the attorney general of Connecticut show AIG paid $218 million in bonuses. That is $53 million more ...
A Real Simple Solution to the AIG Bonus Mess
Huffington Post
... news broke over the weekend that instead of the previously reported $165-million AIG handed out in retention bonuses, the total is actually $218-million ...
State finds more in AIG bonuses
Chicago Tribune
The new total of $218 million comes from calculations made by Blumenthal's office after it received documents from the company Friday. ...
Bus Tour Swings By Homes Of Executives Who Received Bonuses
Hartford Courant
While more than 400 AIG employees received bonuses — now estimated by Connecticut Attorney General Richard Blumenthal at $218 million in all
In Fact There Are 2,266 News Articles At Google News About The $218 Million In Bonuses
However, Hearst Newspaper Managing Editor Bruce Hunter Is Not Covering The Story In The Ultra Conservative Greenwich Time
Bruce Hunter Is Unfair And Unbalanced
Yes, The Fox News Wanna Be Of Lower Fairfield County Is Always Slow To Cover Greenwich Democrat Richard Blumenthal's Announcements
If You Search The Greenwich Time Web Site For "$218 million" In The Greenwich Time's Search Box You Get 0 Results
That's Why If You Want To Know What's Going On You Have To Read The Out Of Town Newspapers
All The Other Hearst Newspapers Covered The Story Hours Ago:
For Example, The CT Post Put The Story Up Yesterday
Blumenthal: $218M paid in AIG bonuses
Connecticut Post - 13 hours ago
Documents turned over late Friday show AIG paid $218 million in bonuses last weekend, higher than the $165 million that was previously disclosed, ...
Will Somebody Go Wake Up
Greenwich Time Managing Editor Bruce Hunter
From His Self Induced Coma
MAYBE BRUCE HUNTER AND HIS LAME GREENWICH TIME NEWS TEAM WILL COVER THE STORY SOMETIME SUNDAY
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