NewsBreak: Connecticut. Attorney General says AIG paid $218M in bonuses (higher than the $165 million previously disclosed)
Connecticut’s attorney general says documents turned over to his office by American International Group Inc. shows the company paid out $218 million in bonuses, higher than the $165 million previously disclosed.Attorney General Richard Blumenthal’s office received the documents late Friday after issuing a subpoena.
Blumenthal says the documents show that 73 people received at least $1 million apiece, and five of those got bonuses of more than $4 million. The financially ailing insurance giant has been under fire for giving bonuses after receiving more than $182.5 billion in federal bailout money.
(Excerpt) Read more at news.yahoo.com …
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