AIG to Dish Out $100 Million in Bonuses Wednesday

Bailout recipient AIG is set to hand out around $100 million in bonuses on Wednesday, nearly one year after the insurance giant incited a public furor when it dished out $165 million in controversial retention payments. The upcoming bonus payments will go to employees at AIG's Financial Products division (FP), the unit that brought the company to the brink of failure with risky deals years ago and led to the government's record $182 billion bailout. But this year's payments have been reduced...Full Story
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