AIG Sought To Protect Bonuses In Pay Czar Meeting: Doc

Law360, New York (August 24, 2011, 7:16 PM EDT) -- American International Group Inc., after it was bailed out by the U.S. government, sought to convince federal regulators to allow it to give executives retention bonuses and other rewards, according to a document obtained Monday by transparency group Judicial Watch.

The document is a heavily redacted list of talking points by AIG for a Nov. 3, 2009, meeting between the AIG board and Kenneth Feinberg, the government-appointed “pay czar” overseeing AIG's compensation decisions after the $182 billion bailout.

The talking points show how AIG tried to...
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