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Congressional leaders, Obama outraged over AIG bonuses

Top congressional leaders expressed outrage at reports American International Group Inc. of New York will pay $165 million in 2008 retention bonuses.

Top congressional leaders expressed outrage at reports American International Group Inc. of New York will pay $165 million in 2008 retention bonuses to employees of the company’s Financial Products unit, which is responsible for underwriting the credit default swaps that caused the company to

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