Americans for Financial Reform » New York Times: AIG’s Chief’s Mission is to Save Executive Pay

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New York Times: AIG’s Chief’s Mission is to Save Executive Pay

Submitted by admin on November 18, 2009 – 7:34 am

According to the New York Times, “Robert Benmosche, chief executive of [AIG] since August, confirmed that he was “frustrated” about how long it was taking to devise an executive compensation plan that was “fair” but did not violate the restrictions the government has placed on companies that are receiving taxpayer assistance.” Read the full article here.

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Americans for Financial Reform and Americans for Fairness in Lending (AFFIL) are partnering to reform the nation’s lending industry and financial system to protect Americans’ neighborhoods, homes and pocketbooks.

For too long, the rules of Wall Street have been written by the bankers themselves. This year, that has to change.

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New York Times: AIG’s Chief’s Mission is to Save Executive Pay

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