In other business news, the Washington Post reports many top executives at the bailed-out insurance giant AIG have reneged on promises to pay back part of their large bonuses. Earlier this year, outrage erupted when AIG paid more than $165 million in bonuses to employees in the division that had precipitated the company’s downfall. After legal threats, AIG executives agreed to return about $45 million in bonuses by the end of the year. But so far a majority of that money remains unpaid. Only about $19 million has been given back. Meanwhile, AIG is scheduled to pay out an additional $198 million in bonuses in March.
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