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Reuters: AIG CEO defends bonuses as public fury mounts

Started by chris, March 18, 2009, 05:59:12 PM

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chris

AIG CEO defends bonuses as public fury mounts
      
   
      


WASHINGTON (Reuters) - The head of AIG said on Wednesday the "cold realities of competition" compelled the insurer to pay $165 million in bonuses, but angry lawmakers insisted the money belonged to taxpayers and vowed to get it back.<div class="feedflare">
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