AIG Is Preparing to Pay New Round of Bonuses

AIG Is Preparing to Pay New Round of Bonuses --The payments coming due next week include $2.4 million in bonuses for about 40 high-ranking corporate officers at AIG. 09 Jul 2009

American International Group is preparing to pay millions of dollars more in bonuses to several dozen top corporate executives after an earlier round of payments four months ago set off a national furor. The company has been pressing the federal government to bless the payments in hopes of shielding itself from renewed public outrage. The request puts the administration's new compensation czar on the spot by seeking his opinion about bonuses that were promised long before he took his post.