We were going to spend some time making fun of the fact that the cost of the fight to seize Snowflake's not-quite-a-billion-dollar inheritance from AIG's Hank Greenberg is fast approaching the $120 million paid to AIG employees in Bonuses and other compensation earlier this year, except that latter figure has been revised upward just a bit in the interim- from $120 million to $454 million. Of course, this latest figure has little to do with the accursed AIG Financial Products division (AIGFP) anymore, instead representing "other forms of compensation across all of its businesses" as opposed to "what was paid to executives at the company's headquarters and high-ranking officials at various AIG units." But, seriously, what kind of fun is it to say "Quickly approaching the sums spent by AIG on "executives at the company's headquarters and high-ranking officials at various AIG units"?
AIG's Bonuses Inflate To $454m [The New York Post]