Pay czar says AIG bonus flap to end in March | Reuters: "...American International Group Inc, which was bailed out with a $182.3 billion U.S. aid package, is expected to pay out another round of employee bonuses on Wednesday worth about $100 million, according to the Washington Post.
The payout is part of a previously known $195 million award that was due to employees of the AIG Financial Products unit.
The latest awards have drawn fire from Republicans in Congress, including Sen. Charles Grassley of Iowa, the top Republican on the Senate Finance Committee, who said AIG 'outmaneuvered' the Obama administration and now has taxpayers 'over a barrel...'"
No comments:
Post a Comment