American International Group’s plan to pay millions in retention bonuses to top executives caused a political firestorm a few months ago. Both the company and federal officials are hoping to avoid another fiasco. AIG has asked the Obama administration’s new “compensation czar” to approve the bonuses to shield the company from a public backlash. The Treasury Department says the consultation process is just getting under way. » E-Mail This » Add to Del.icio.us
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AIG Seeks Fed Approval On Executive Bonuses
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