Pay Czar Decides AIG CEO Is Worth Our Money


Ken Feinberg, the Obama administration’s special master on compensation, is expected to formally approve a $10.5 million pay package for AIG CEO Robert Benmosche. How will Bob celebrate this coup with friends, we wonder? Will they be like, “Congrats Bob! You’ll have to let us buy you a drink! Oh, wait, that’s our money you’re getting paid with … never mind, you buy us a drink. Which would really be like us buying us both a drink … whatever. Cheers!” Awkward. [Bloomberg]