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the American International Group
Thursday, August 2, 2012, 12:47 AM
[General]
's comments,louboutin pas cher, the American International Group,air jordan, according to plan yesterday night announced the list of financial derivatives contract counterparty,air jordan pas cher, after a few week to Congress has put pressure on requiring the company to Disclosure of this information.
"We are a country ruled by law,abercrombie france," he told ABC television (ABC),abercrombie, "We signed contracts with the Government can not contract waste of (U.S.) Treasury Secretary Timothy Geithner (Geithner) and the Federal Reserve (Fed) system is to take all possible legal measures to restrict the release of the prize money. "
Summers's comments before the American International Group has sent a letter to Geithner. Edward Liddy (Edward Liddy) last fall to accept the appointment,abercrombie, the management of the company said in the letter,polo ralph lauren pas cher, the company has no other choice but to pay the bonuses to the executives of the Financial Products (AIG Financial Products). This is part of the plan of the company's $ 450 million in prize money. It is the department of derivatives transactions so that the group was in trouble.
Obama's senior economic adviser Lawrence Summers (Lawrence Summers),michael kors, American International Group's behavior "outrageous". But he added that the government forced the company to cut hundreds of millions of dollars in prize money this limited capacity.
American International Group spokesman Nick (Nick Ashooh),jordan, Hugh said: "Do you really need these people,louboutin, because they understand these contracts." He said,air jordan, the bonus agreements signed as early as before the American International Group in trouble.
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