Five execs threaten to quite by year end over pay cuts

Five high-ranking AIG executives have threatened to quit if their compensation is cut significantly by government pay czar Kenneth Feinberg, the Wall Street Journal reports.

They include AIG’s general counsel, Anastasia Kelly, and the heads of some of its largest insurance businesses.

The five said in written notices, that they were prepared to leave by year-end, but two changed their minds over the weekend.

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