misuse of bailout money, bailouts

Bailed-out banks overpaid execs

Treasury: 17 banks overpaid execs while receiving billions in taxpayer-funded bailout money.

Perks unchecked for some CEOs

Some top finance firms that got federal aid also increased fringe benefits for their chief executives.

AIG plans to pay about $100 million in bonuses

American International Group plans Wednesday to pay another round of employee bonuses worth about $100 million, said several people familiar with the matter.

U.S. Wants A.I.G. to Hold Back on Some Bonuses

The special federal paymaster is trying to persuade the American International Group, the insurance giant, to reduce a coming bonus payment of $198 million, but is running into legal hurdles despite rules curtailing bonuses at companies receiving assistance from the Treasury.

Bailed-out banks' CEOs used jets for personal use: report

Chief executives of some banks that received federal money, including Bank of America Corp, Morgan Stanley and Regions Financial Corp, used company jets for their personal use, the Wall Street Journal reported on its website.

BofA paying big bonuses to retain bankers: paper

Bank of America Corp has been paying millions in bonuses in order to lure talent and retain investment bankers the company views as vital, the New York Post reported, citing sources.

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.

$50 Million in A.I.G. Bonuses to Be Repaid

Attorney General Andrew M. Cuomo of New York said 15 of the top 20 bonus recipients in A.I.G.’s financial products division had returned their bonuses.