AIG boss grilled by US congress - 19 Mar 09
The boss of the American Insurance Group (AIG) - a company that has paid millions in bonuses to staff despite taking a vast government bailouts - has told a US congressional hearing he asked some employees to give some of the money back.
But Edward Liddy said the "cold realities of competition" compelled the company to make the payments.
Rosiland Jordon has this report.
But Edward Liddy said the "cold realities of competition" compelled the company to make the payments.
Rosiland Jordon has this report.