Isnt Aig News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Big deal. martha: yes. i mean, i think that is a done deal. and i think that the lessons learned from this are maybe where the focus should be now, new contracts with new aig employees, are they being written differently that the bonuses are contingent upon performance and that if the company needs to they can turn those into stocks, you know, promises for the future and not cold hard cash in tough times? >> yes. hazar, feinberg do have jurisdiction over contracts signed with new employees, the answer is yes, bottom line, however, this is extremely bad p.r. for the entire financial industry an...

Outrage, as you might imagine, among lawmakers today. a little perspective here. aig has put american tax pace on the hook, as i mentioned, for $182 billion, so how are they going to get away with this, having not paid that money back, as many financial institutions have already done? joining me is fox business network's stuart varney. good morning, welcome, as always. how does aig stick up for this decision? >> 200 million -- 200 people are sharing the pool, they signed contracts for employment in 2007, before the bailout. aig is contractually obliged to pay them this bonus money. they are, b...

Latest updates on this topic from reliable sources.

Latest updates on this topic from reliable sources.