Many of the AIG executives live and work in a "low-profile" privileged world that is unlike most American neighborhoods. AIG's office is located at 50 Danbury Road, Wilton, Ct 06897, a road that will take you to some of the richest neighborhoods in the country. The following is a profile of Wilton taken from www.city-data.com/city/Wilton-Connecticut.html:
Estimated median household income in 2007: $173,923 (it was $141,428 in 2000)
Wilton: | $173,923 |
Connecticut: | $65,967 |
Estimated median house or condo value in 2007: $1,038,281 (it was $551,600 in 2000)
Wilton: | $1,038,281 |
Connecticut: | $309,200 |
Diversity of Wilton:
- White non-Hispanic (94.4%)
- Hispanic (1.5%)
- Chinese (0.9%)
- Two or more races (0.8%)
- Asian Indian (0.7%)
- Black (0.6%)
2008 cost of living index in Wilton: 154.8 (very high, U.S. average is 100)
Wilton is located in Fairfield County, where the poor live in the shadows of the who's who of Westport, Weston, Ridgefield, Redding, Darien, New Canaan, Stamford, and Greenwich. The following is a profile of Bridgeport, one of the poorest and largest city in the county.
Estimated median household income in 2007: $44,216 (it was $34,658 in 2000)
Bridgeport: | $44,216 |
Connecticut: | $65,967 |
Estimated median house or condo value in 2007: $244,800 (it was $107,700 in 2000)
Bridgeport: | $244,800 |
Connecticut: | $309,200 |
Races in Bridgeport:
The freshman U.S. Congressman Jim Himes, D-Greenwich, who represents lower Fairfield County, urged state lawmakers to step aside and allow the federal government to address the AIG bonus mess. The Congressman knows the world of AIG, since after completing his studies, he took an entry level job at Goldman Sachs & Co., in order to pursue his goal of bringing economic opportunity to Latin America. He worked his way up to Vice President over the course of a 12-year career, working extensively in Latin America and heading the telecom technology group.
But Richard Blumenthal, Connecticut’s attorney general should not step aside, since AIG has its office in Wilton. Blumenthal has devoted his career to aggressive law enforcement for consumer protection, environmental stewardship, labor rights and personal privacy. He helped lead the national fight against tobacco companies to stop deceptive marketing aimed at children, and I feel he should lead this fight against AIG.
On Saturday, "a busload of activists representing working- and middle-class families paid visits Saturday to the lavish homes of American International Group executives to protest the tens of millions of dollars in bonuses awarded by the struggling insurance company after it received a massive federal bailout," JOHN CHRISTOFFERSEN wrote in his article Protesters visit AIG officials' lavish Conn. homes.
So far we know Doug Poling and James D. Haas of Fairfield County, Connecticut received million dollar bonuses. Poling, who received a $6.4 million bonus is general council and chief administration officer for North American Marketing for AIG’s Financial Products Unit, and Haas, is the co-leader. I understand both are returning the money!
Now, the others need to step forward and give back their so-called bonus!
Other stories about Saturday, March 21 -- AIG protest:
Protesters take to AIG Wilton office
Activists protest outside AIG execs' homes
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