Some AIG staff to pay back bonuses
China Daily | Updated: 2009-03-20 07:54
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AIG Chairman Edward Liddy testifies before a subcommittee of the House Financial Services Committee in Washington, DC. Bloomberg News |
The head of AIG said he was trying to prevent the company from collapsing when he allowed the payment of $165 million in bonuses that have stoked outrage stretching from the White House to Main Street.
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