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AIG CEO defends bonuses as public fury mounts (Reuters)

Started by riky, March 18, 2009, 06:01:43 PM

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riky

AIG CEO defends bonuses as public fury mounts
    (Reuters)

 


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.


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