AIG staff to pay back big bonuses

New York Attorney General Andrew Cuomo said that 15 employees who received some of the largest bonuses from American International Group Inc have agreed to return the more than $30 million worth of payments in full.

In total, AIG employees have agreed to return about $50 million of the $165 million in bonuses awarded earlier this month by the troubled insurer, Cuomo's office said.

Cuomo said he still hopes that more AIG employees will return their bonuses. At most, Cuomo said his office could hope to recoup $80 million of the bonuses - roughly the amount paid out to American employees.