« Continue Browsing

Article Preview

AIG boss, under fire, says some bonus money has been returned

Published 03/18/2009, AP Special Correspondent

Obama extends new treasury secretary vote of confidence
Edward Liddy, AIG chairman and CEO, said in his written remarks, "Mistakes were made at AIG on a scale few could have every imagined possible." But, he also said that the roughly $165 million in bonuses paid out over the weekend should be honored as a legal commitment of the United States government, which now owns 80 percent of the battered insurer.

Word count: 1325

Log In

The full article is available to newspaper subscribers. If you are a subscriber please log in to continue reading.


Are you a newspaper subscriber but you don't have a Digital Access account yet? Click here to set one up. You will need your subscription account number and phone number.

Not sure if you have an account? Email us at subscriberservices@forumcomm.com and we can help you.

Reset Your Password

Please enter your full e-mail address. We will e-mail you a temporary password.