In another dust-up in American International Group's battle with the government over executive pay, The Wall Street Journal reported Monday that GC Anastasia Kelly and four other high-ranking executives had written notices that they would resign by the end of the year if the government significantly cut their compensation. An AIG spokesperson, however, said the executives never threatened to resign. Rather, they had written the notices in an effort to protect their executive severance packages.
AIG's Top Lawyer Tells Pay Czar 'Hands Off My Paycheck'
December 8, 2009