AIG recently disclosed that it will be paying out $165 million in bonuses, despite having recently received billions of dollars in U.S. Government bailout money.
AIG says that it is contractually obligated to pay out these bonuses, and that it risks extended litigation if it does not pay out.
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Entries Tagged as 'American International Group'
AIG Paying Bonuses After Receiving Bailout?
March 16th, 2009 No Comments
Tags: AIG · American International Group · bailout · bonuses · TARP