AIG to Reward Employees $450M in Bonuses
March 15, 2009 at 21:15 PM EDT
The insurance giant American International Group (AIG), who has received so far $173.3 billion (far more than has been offered to any other financial firm) in taxpayer bailout money from the U.S. Treasury and Federal Reserve - has plans to dole out more than $1 billion in bonuses and retention pay to employees. About $450 [...]