Register for E-mail alerts. Comment on articles. Sign up today, it's easy.
Close
The Washington Times Online Edition

Death threats worry AIG execs

A protestor is reflected in the sunglasses of a Washington police officer during a protest against AIG bonuses and bailout on Friday in front of the AIG offices in Washington. Associated PressA protestor is reflected in the sunglasses of a Washington police officer during a protest against AIG bonuses and bailout on Friday in front of the AIG offices in Washington. Associated Press

FAIRFIELD, Conn. (AP) — Pillars of the community are now pariahs fearing for their safety in a ritzy area of Connecticut home to many executives at American International Group Inc., hit with a backlash over bonuses it paid to top brass even as it accepted federal bailout money.

The payouts to executives appear to have helped put a face on the economic struggles the country faces, and the anger targeting AIG is palpable. Death threats have been pouring in since the brouhaha broke, the company said, and its workers are taking no chances.

“It’s scary,” one executive said, speaking on condition of anonymity because he feared retribution. “People are very, very nervous for their security.”

The financial products division is in Wilton in Fairfield County, and many of the company’s leaders live in large homes on the “Gold Coast,” an area known more for golf courses and sweeping views of Long Island Sound than for the police cars that now regularly patrol the well-kept streets.

Corporate officials advised employees in a memo posted on Gawker.com to avoid wearing the company logo, in an effort to keep from drawing attention. Workers were also urged to travel in pairs at night and park in well-lit areas.

And typifying the preoccupation with the AIG payouts, a busload of activists plans to drive by executives’ houses Saturday in an attempt to deliver letters highlighting the strife of ordinary families in the recession and seeking solutions for economic recovery.

AIG said Friday that at least three executives who received bonuses planned to return the money, including James Haas and Doug Poling, both residents of Fairfield County.

“However someone may feel about the appropriateness of the retention payments, there is nothing appropriate about the threats that people have made to and about employees,” company spokesman Mark Herr said in a statement. Haas and Poling have not responded to requests for comment from The Associated Press.

The Polings help out charities including a homeless shelter, theaters and a school, according to The Connecticut Post. At the house, a large white Colonial on a cul-de-sac with all the trappings of suburban prosperity — green shutters, a wood-shingled roof and an invisible fence for dogs — a police car pulled up Friday afternoon and talked to a security guard.

Officer Joe Kalson said that he drives by two or three times a day as of late and that other officers patrol the area, as well.

Organizers of the bus protest noted that there are no plans to trespass and that only a small group planned to get off the bus at each stop.

The protest is an attempt to let people suffering from loss of jobs or homes tell their stories directly to AIG executives, said organizer Jon Green, director of Connecticut Working Families, a coalition of labor unions and other groups.

“There is a human cost to the economic meltdown that we’re experiencing,” Green said.

Security companies in New York say the financial crisis has created brisk business in everything from bomb-sniffing dogs to bodyguards for executives. The firms didn’t want to identify the companies for security reasons.

Pat Timlin, president of the Michael Stapleton Associates, which provides dog teams, said some companies are reacting to the negative atmosphere surrounding Wall Street firms.

Story Continues →

View Entire Story
Comments
blog comments powered by Disqus
You Might Also Like
  • Education Department deploys ‘mystery shoppers’ to check for fraud

    By Jim McElhatton - The Washington Times

  • Republican presidential hopeful Mitt Romney speaks at a campaign rally in Mesa, Ariz., on Monday. Arizona holds its GOP presidential primary on Feb. 28, the same day as Michigan, the home state of the former Massachusetts governor. (Associated Press)

    Romney finds tough times in Michigan

    By Andrea Billups - The Washington Times

  • Delegate Robert G. Marshall holds a book as he reads to the House during debate on a bill defining life at the moment of conception during the House session at the Capitol in Richmond, Va., Monday, Feb. 13, 2012.  (AP Photo/Steve Helber)

    Virginia House vote states life starts at conception

    By David Sherfinski - The Washington Times

  • In Case You Missed It
    Happening Now

          Independent voices from the TWT Communities

          Ingredients for Healthy Living

          Reflections on raising families in a holistic way -- with a focus on nutrition and alternative health.

          Rights So Divine

          Everyone has the divine rights as human beings because they were created in the image of God