Stocks are a share of the ownership of a company. If the company does well, or even if everyone thinks the company is going to do well, the price of the stock goes up. In addition, many companies give a little dividend payment each year to the stockholders, which provides extra value.
Showing posts with label AIG bonuses higher than disclosed. Show all posts
Showing posts with label AIG bonuses higher than disclosed. Show all posts

AIG bonuses higher than disclosed

The political scandal over AIG bonuses hit a new high Saturday as US media reported the bailed-out insurance giant paid 218 million dollars, over 50 million more than had been disclosed. Connecticut Attorney General Richard Blumenthal calculated the new figures for bonuses paid out by the embattled American International Group after receiving documents from the company Friday, the Hartford Courant reported.

Monday, March 30, 2009

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