{"id":193650,"date":"2008-11-26T18:45:00","date_gmt":"2008-11-26T23:45:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2008\/11\/26\/not-enough-bullets-aig-again-3\/"},"modified":"2008-11-26T18:45:00","modified_gmt":"2008-11-26T23:45:00","slug":"not-enough-bullets-aig-again-3","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2008\/11\/26\/not-enough-bullets-aig-again-3\/","title":{"rendered":"Not Enough Bullets:  AIG, Again"},"content":{"rendered":"<p>They claim to have dropped bonuses, but they made <a href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20601087&amp;sid=a_ejZRBkZ2Rc&amp;refer=home\">&#8220;retention payments&#8221; to top level executives<\/a>, including, &#8220;$3 million to retirement services chief Jay Wintrob.&#8221;<\/p>\n<p>Who is Jay Wintrob?<\/p>\n<blockquote style=\"color: rgb(0, 0, 153);\"><p>Wintrob is CEO of AIG Retirement Services Inc., the division that sells annuities. He was chief operating officer of SunAmerica when AIG bought the firm for $19.7 billion in 1998. The business he now heads may sell for about $12 billion, according to Gary Ransom, analyst at Fox-Pitt Kelton Cochran Caronia Waller. Wintrob didn\u2019t return a call seeking comment. <\/p><\/blockquote>\n<p>So, he lost about 7.7 <span style=\"font-weight: bold;\">billion<\/span> for AIG, and they feel the need to pay him money to keep him.<\/p>\n<p>We need to start sending these guys to jail.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>They claim to have dropped bonuses, but they made &#8220;retention payments&#8221; to top level executives, including, &#8220;$3 million to retirement services chief Jay Wintrob.&#8221; Who is Jay Wintrob? Wintrob is CEO of AIG Retirement Services Inc., the division that sells annuities. He was chief operating officer of SunAmerica when AIG bought the firm for $19.7 &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[970,969,1004],"tags":[],"class_list":["post-193650","post","type-post","status-publish","format-standard","hentry","category-corruption","category-evil","category-finance"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/193650"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=193650"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/193650\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=193650"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=193650"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=193650"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}