U.S. wants AIG bonuses curtailed

Full Story at mone.cnn.com

NEW YORK (CNNMoney.com) — The Treasury Department, after missing an opportunity to rein in controversial bonuses to AIG employees last year, is now pressing the bailed out insurer to reduce a $198 million bonus pool, according to an overseer’s report released Tuesday.

Neil Barofsky, the special inspector general of the $700 billion bailout program, said that Treasury pay czar Kenneth Feinberg has recommended to AIG that the full $198 million not be paid out in full.

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