Tax On Aig Bonuses | featured news

(Image from article: "House OKs bill taxing Wall St. bonuses")

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Geithner: Bank fee would recoup AIG bonuses

Treasury Secretary Tim Geithner says Congress can recoup "outrageous" bonuses for AIG employees through a new bank fee in President Barack Obama's proposed budget.

Fed's Bernanke wanted to block AIG bonus payments

Federal Reserve Chairman Ben Bernanke told Congress today he wanted to sue to stop insurance giant AIG from paying millions in bonuses, but was talked out of it.

House OKs bill taxing Wall St. bonuses

The House of Representatives is expected to vote Thursday on legislation to try to recoup bonuses paid to Wall Street executives with taxpayer money.

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