Opinion: Hancock's millions

Five million dollars. Regardless of how long the assignment
lasts. With no performance criteria attached. In addition to his
normal salary. And on top of other bonus payments - which it seems
will still be forthcoming.
Not to mention a gross severance payment of $9,528,890.Peter Hancock's tenure as CEO of AIG may have ended in
ignominious failure and - reportedly - ouster.
But it has ended lucratively enough for the former JP Morgan
executive.
AIG's lame duck CEO has...