Reader reaction to Reuters news
Not much of a salary…
The new AIG CEO is being paid more than his predecessor, Ed Liddy, who made just $1 a year. AIG said it will pay Benmosche $3 million in cash and $4 million in fully-vested stock. He also could receive a bonus valued as high as $3.5 million.
I presume you meant $1 million a year? I mean I know it’s a crisis but I hope Ed got paid a little more than that…
Nope, $1 a year was the correct figure for Liddy: GBU Editor
AIG CEO Edward Liddy gestures as he testifies before the House Financial Services Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises on Capitol Hill in Washington in this March 18, 2009 file photo. REUTERS/Mike Theiler/Files