Former AIG FP execs demand over $500mn despite almost killing AIG with toxic CDS trades

A handful of former employees of AIG Financial Products (FP) - the unit which brought AIG to its knees in the 2008-09 Wall Street financial crisis - are demanding over $500mn of “deferred compensation” from the subsidiary some fourteen years after their actions led to the insurance giant parent requiring a mammoth Federal rescue.

 

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