Reuters: Geithner Says Bank Fee Can Recoup AIG Bonuses

Courtesy Digg - Business & Finance  Wed, 02/03/2010 - 17:50

U.S. Treasury Secretary Timothy Geithner on Wednesday said insurer AIG's contracts to pay hundreds of millions of dollars in bonuses were "outrageous" and appealed to Congress to help recoup the payments.Geithner said Congress could help recover the "deeply irresponsible" bonuses by passing an Obama...


 

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