Naked Government Extortion – AIG Bonuses Not Returned Voluntarily

There’s government extortion of the garden, tax-and-spend variety. And then, there’s government extortion of the naked variety: AIG Bonuses: Surrendered Under Pressure?:

An email from the head of a controversial unit at AIG suggests employees who gave up their bonuses did not do so voluntarily, but feared their names would be released if they did not.

The email, obtained by CNBC, states the following: “Please be aware that we have received assurances from Attorney General Cuomo that no names will be released by his office before he completes a security review which is expected to take at least a week. To the extent that we meet certain participation targets, it is not expected that the names would be released, at all.”

(See the email here).


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