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Real Estate & Property Law
: Housing WireAIG CEO Asks Execs to Return Half of Bonuses
By KELLY CURRAN
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After news that Insurance giant American International Group Inc. (AIG: 1.30 +35.42%) will be ordered to return to the Treasury Department $165 million — the amount it just payed out in executive bonuses — AIG CEO asked Wednesday afternoon for some of the recipients of those bonuses to return half the money. The company is [...]Full post as published by Housing Wire on March 18, 2009 (boomark / email).
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allegedly failed to inform customers that they must return their receivers upon cancellation.
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