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AIG seeks clearance for more bonuses
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| Contributor | kal |
| Last Edited | kal Jul 10, 2009 05:24am |
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| Category | General |
| Author | By Brady Dennis and David Cho |
| News Date | Friday, July 10, 2009 11:00:00 AM UTC0:0 |
| Description | American International Group is preparing to pay millions of dollars more in bonuses to several dozen top corporate executives after an earlier round of payments four months ago set off a national furor.
The troubled insurance giant has been pressing the federal government to bless the payments in hopes of shielding itself from renewed public outrage.
The request puts the administration's new compensation czar on the spot by seeking his opinion about bonuses that were promised long before he took his post.
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