Today, even with the payout increases, New York lags behind many states.
The New York Fed also tried to keep A.I.G. from identifying the institutions that received the payouts, even though the insurer argued that such disclosures were called for under securities laws.
Aetna shares dropped 20percentthis weekek, closing at $57.25, even though the ING deal included a payout of $35 for each Aetna share plus one share of a new Aetna Inc.
I suspect that many folks would accept the certainty of the guaranteed payout, even though the unemotional player would say "no deal" to anything less than $200,000, which is the economic value (there is a one in five chance) of just the $1 million possibility.
Perhaps, even though its payout seemed light, PSP was happy to put its money elsewhere.
The huge payouts were made even though the total return to investors since the pay plan was adopted in May 1995 is below that of one-third of companies in the Standard & Poor's 500-stock index.
More than 100 bankers at Royal Bank of Scotland were paid more than £1m last year and total bonus payouts reached nearly £1bn – even though the bailed-out bank reported losses of £1.1bn for 2010.
Nine of the complex's buildings have been empty since a tornado struck two years ago ― even though the owner received at least $7.7 million in insurance payouts, according to court documents.
