Recommended: Popular anger puts fat cat CEOs on the run
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Excerpt:
Martin Sullivan, the chief executive of AIG, who left the insurance giant before it was rescued this month by the federal government, received 14 million dollars, a survey in USA Today said. He also quit with a severance package worth 47 million dollars.
Even punishment for those at the center of the chaos comes with a gold lining.
When the government took over collapsed mortgage giants Fannie Mae and Freddie Mac, ousted bosses Daniel Mudd and Richard Syron were not allowed 12.59 million dollars worth in severance payments.
Yet they still got out the door with 9.43 million dollars in retirement benefits.
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