Sunday, March 15, 2009

Insurance giant AIG to pay $165 million in bonuses

American International Group is giving its executives tens of millions of dollars in new bonuses even though it received a taxpayer bailout of more than $170 billion dollars.

AIG (nyse: AIG - news - people ) is paying out the executive bonuses to meet a Sunday deadline, but the troubled insurance giant has agreed to administration requests to restrain future payments.



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