Monday, March 23, 2009

News Alert: Cuomo Says Most Huge A.I.G. Bonuses Were Returned

Breaking News Alert
The New York Times
Monday, March 23, 2009 -- 6:22 PM ET
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Cuomo Says Most Huge A.I.G. Bonuses Were Returned

Attorney General Andrew M. Cuomo of New York announced late
Monday afternoon that 9 of the top 10 bonus recipients at the
American International Group had given back their bonuses.

He also said 15 of the top 20 bonus recipients in A.I.G.'s
financial products division had given the money back, for a
total that he estimated at about $30 million. "Those bonuses
will be returned in full," Mr. Cuomo said during a conference
call with reporters.

Read More:
http://www.nytimes.com/?emc=na

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