First, it was greed and corporate malfeasance that put AIG — the world's largest financial services company — on the brink of collapse.

But, hard-working American taxpayers came to the rescue with a massive $170 billion bailout — and counting.

Then we found out that AIG used $454 million of the taxpayer money for executive bonuses.

Now, it turns out that AIG is paying at least $1.5 BILLION in bonuses, much of it going to managers in the very unit responsible for AIG's collapse!

Fire James Orr III from the AIG Board. The Compensation Committee is responsible for overseeing and administering AIG's executive compensation programs. James Orr did not act in the best interest of shareholders — the taxpayers. He does not belong on the board.

It's clear that Mr. Orr did not act in the best interest of shareholders — the American taxpayers — and it's time for him to go.

AFSCME was featured on this week's 60 Minutes for sounding the alarm early on AIG. Read the story and watch the video.

As taxpayers, we have funded AIG's bailout and are now the majority shareholder in the company. We demand that James Orr III be removed from his post immediately.