Thread: AIG
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Old 03-31-2009, 12:54 AM   #387
xoxoxoBruce
The future is unwritten
 
Join Date: Oct 2002
Posts: 71,105
Quote:
Originally Posted by sugarpop View Post
They renamed them "retention awards" because they knew this was going to a problem.
While I share your outrage that Wall Street is maintaining their entitlement attitude, and MY money is being thrown around by the bushel to people that have been overpaid for years, I believe the original contracts were written as retention payments, and bonuses is a description the press substituted thinking very few people would know what retention bonuses are.
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