CASPER
New member
AIG executives receive death threats
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From correspondents in Washington
AIG boss Edward Liddy says he fears for his employees' lives if Congress goes through with a threat to name and shame recipients of lavish bonuses awarded by the bailed-out insurer.
Reading out lurid death threats received by AIG, including a vow to garrotte executives with piano wire, Mr Liddy said he could only release the names of the bonus recipients if Congress promised to keep them confidential.
"I would hope that it doesn't take a subpoena. I'm just really concerned about the safety of our people," he told a hearing in the House of Representatives.
But financial services committee chairman Barney Frank said he could not guarantee confidentiality and said he would press ahead with subpoenas if needed.
"Clearly those threats are despicable. But this is an important public subject," the Democrat said.
"I will consult with the federal law enforcement people and if they do say there's a credible threat, we will have to take that into consideration," he said
hmmmmm....this is when greed backfires I guess.
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From correspondents in Washington
AIG boss Edward Liddy says he fears for his employees' lives if Congress goes through with a threat to name and shame recipients of lavish bonuses awarded by the bailed-out insurer.
Reading out lurid death threats received by AIG, including a vow to garrotte executives with piano wire, Mr Liddy said he could only release the names of the bonus recipients if Congress promised to keep them confidential.
"I would hope that it doesn't take a subpoena. I'm just really concerned about the safety of our people," he told a hearing in the House of Representatives.
But financial services committee chairman Barney Frank said he could not guarantee confidentiality and said he would press ahead with subpoenas if needed.
"Clearly those threats are despicable. But this is an important public subject," the Democrat said.
"I will consult with the federal law enforcement people and if they do say there's a credible threat, we will have to take that into consideration," he said
hmmmmm....this is when greed backfires I guess.
