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March 18th, 2009

AIG Asks for Bonuses to be Returned

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Written by: The Iowa Republican

Edward Liddy, chief executive of American International Group, told Congress on Wednesday that he has asked employees of the bailed out insurer that took home more than $100,000 in bonuses to return at least half.

Chip Somodevilla / Getty Images

Chip Somodevilla / Getty Images

Liddy, saying he knew the public’s patience is “wearing thin,” said some employees have decided on their own to return their entire bonus to the company.

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The Iowa Republican

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