03/21/09 SUPRISE AIG LIED:Greenwich Resident Richard Blumenthal Says AIG Paid It's Fat Cat Pirates $218 Million In Bonuses !!!!!

Greenwich Resident Richard Blumenthal Has Discovered That The AIG Pirates Are Lying To America

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."

WHY ISN'T ANYONE LISTENING

TO GREENWICH ROUNDUP

THIS WAS ONLY THE FIRST ROUND

OF BONUS PAYMENTS TO THE AIG FAT CATS

THE CLOCK IS TICKING ON A SECOND
TAXPAYER FUNDED MULTI MILLION DOLLAR

AIG BONUS PAYMENT

Here Is A News Flash For The Incompetent

Bruce Hunter And Jim Zebora:

The AIG Employee Retention Plan That Is Causing

Working Folks Sharpening Their Pitchforks.
Has Two Componets

There Are Two Sets Of Bonus Payments

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.

Next Years Taxpayer Funded Bonus Payments Are A Done Deal

San Francisco Market Watch Business Editor

Wallace Witkowski Continues.....

AIG spokesman Mark Herr told CNN that the company believes Blumenthal's office is taking into account payments that were made in December that were separate from the $165 million that was paid in March and widely reported upon last week.

"We want to know exactly what these numbers cover, whether in fact they are specifically identifiable as 2009 payments as appears to be the case from the documents," Blumenthal told CNN.

Last week, AIG disclosed it had paid out the $165 million in retention bonuses, with 73 financial-products-unit employees receiving bonuses of $1 million or more and 11 of those employees having already left the company.

Maybe, Hearst Newspapers Managing Editor Is Just Ignoring The Fact That Greenwich Resident And Connecticut Attorney General Richard Blumenthal Just Found 53 Million In Additional AIG Payments, Because He Is Posiing The Greenwich Time To Be The Hearst News Wanna Be Of Lower Fairfield County.

Just Look How Greenwich Time Editors Were Sticking Up

For Poor Little AIG In A Greenwich Time Editorial:

Congress: Drop the showboating

PLEASE SEE:

03/20/09 Fat Cats In The Backcoutry Of Greenwich Watch In Horror As Fellow Town Resident Richard Blumenthal Sends Out Subpoena To AIG Bonus Bums

03/20/09 READER SUBMITTED COMMENTS: Hatred palooza 2009 on Sat AM for AIG FPG execs.

03/20/09 New York Post's Jackpot Jimmy Cries Like A Baby As He Gives Back His AIG Multi Million Pirate Booty Back To The Taxpayers

03/18/09 The Jack Pot Jimmys Of The Greenwich Backcountry Are Shaking In Terror As The New York Post Shows Up In New Canaan And Fairfield

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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