Misuse Of Bailout Money, American International Group | featured news

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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.

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