AIG bonuses "staggering in size", 7 execs received $7m each...

The Financial Products Subsidiary may be largely to blame for the near collapse of insurance giant AIG last year, but that did not stop seven executives at that department from taking home bonuses of over $4 million each, with the top bonus recipient earning more than $6.4 million, according to numbers released today by New York Attorney General Andrew Cuomo in a letter to the Chairman of the House Financial Services Committee Barney Frank (D-Mass.). More...

See also:

1. AIG to use bailout cash to pay $165 million in bonuses!!! WTF!
2. Secret report says Euro MP fat cats get filthy rich by bogus deals at taxpayer expense...
3. Where'd the bailout money go? Shhhh, it's a secret...
4. What happened to the bailout money? Why, it's being used as bonus gifts for the Big Boys!