WASHINGTON, March 17 (UPI) -- President Barack Obama has "complete confidence" in Treasury Secretary Tim Geithner, ripped for not blocking an AIG bonus distribution, a spokesman said.
WASHINGTON, March 17 (UPI) -- Congressional Democrats lined up Tuesday behind U.S. President Barack Obama's vow to claw back bonus pay given to American International Group Inc. executives.
WASHINGTON, March 16 (UPI) -- U.S. President Barack Obama said Monday he asked the U.S. treasury secretary to "pursue every legal avenue" to block bonuses paid by American Insurance Group.
WASHINGTON, March 15 (UPI) -- U.S. Sen. Russ Feingold, D-Wis., is urging federal officials to prevent insurance giant AIG from paying out a reported $165 million in bonuses and compensation.
WASHINGTON, March 15 (UPI) -- Millions of dollars in bonus payments to top executives of bailed-out U.S. insurance giant AIG are "outrageous," an Obama administration official says.
WASHINGTON, March 14 (UPI) -- American International Group Inc., which has received $170 billion in U.S. aid, is handing out millions in bonuses, The Washington Post reported Saturday.
WASHINGTON, March 2 (UPI) -- U.S. insurance giant AIG said it lost $61.65 billion in the fourth quarter, a sharp about-face from fourth quarter 2007, when the company gained $5.2 billion.
