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The bonuses amount to about 11 percent of the company's 2009 operating cash flow of $500 million.
In the grand scheme of today's taxpayer expenditures — $787 billion for economic recovery; another $700 billion to shore up shaky financial institutions; who knows how many more billions tomorrow — the A.I.G. bonuses amount to small change.
One provocative detail is that the bonuses amount to 1,000 euros per employee – not a colossal amount, but colossal to the people in question.
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Their bonuses amounted to about 7 percent of their pay.
Record bonuses, amounting to £9bn, in the City.
Four other executive directors - including Helen Weir - lost 25% of their bonuses, amounting in her case to a loss of £218,000.
Union and government officials said Greece had also pledged to raise its value-added tax to 25 percent, to freeze civil servants' wages and to eliminate public sector bonuses amounting to two months' pay.
The finance minister, George Papaconstantinou, said Greece had agreed to raise its value-added tax to 23 percent from 21 percent, to freeze civil servants' wages and to eliminate public sector annual bonuses amounting to two months' pay.
Finance Minister George Papaconstantinou, who flew to Brussels on Sunday for an emergency meeting of euro-zone finance ministers, said Greece had agreed to raise its value-added tax to 23 percent from 21 percent, to freeze civil servants' wages and to eliminate public sector annual bonuses amounting to two months' pay.
The first is the incredible Goldman Sachs bonuses amounting to more than $16 billion.
Rep. Barney Frank, chairman of the House Financial Services Committee, earlier Monday charged that the move to pay bonuses amounted to "rewarding incompetence".
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