Monday, March 23, 2009

AIG's Attempt at Giving a Bonus

By Jeanne Sahadi
Posted By Lara Turner

NEW YORK ( -- Last week's angry-mob-with-pitchforks approach to bonuses paid by AIG may give way to a more pragmatic approach this week as lawmakers and investors weigh the potential risks of the proposals before them.

The issue is likely to be a key one on Tuesday morning at a congressional hearing when Federal Reserve Chairman Ben Bernanke and Treasury Secretary Tim Geithner will testify before lawmakers on oversight of the government's intervention at American International Group.

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