Treasury pressures AIG on bonuses

Source: The Hill

Washington : DC : USA | about 1 month ago

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Timothy Geithner

Source: AFP

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The Treasury Department pay czar has "informally advised" AIG to reduce the $198 million in scheduled retention payments, according to an audit by the Special Inspector General over the $700 billion bailout for the financial industry...The House Committee on Oversight and Government Reform on...

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News Stories

AIG bonuses in the cross hairs

News Source: CNN | about 1 month ago

Congress is resurfacing its outrage over AIG's bonuses, after a bailout overseer's report detailed the vast scope and scale of the troubled insurer's executive compensation plan. Neil Barofsky, the special inspector general of the $700 billion...
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News Source: Sydney Morning Herald | about 1 month ago

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